Silver Intra-day Analysis 1st Mar Feb. 2021
Turning Down
Our Pivot: 27.23
Our Preference: Short sell below 27.05 with strict stop loss of 27.23 and profit target at 26.64 with extension towards 26.31.
Alternate Scenario: Upward penetration of 27.23 will call for 27.45.
NOTE: Silver is being capped by a strong horizontal resistant region below its major correction level.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 5.0499 | 5.0541 | 5.0881 | 4.9134 |
| USOil | 65.259 | 65.293 | 65.578 | 64.643 |
| UKOil | 67.916 | 67.976 | 68.344 | 67.349 |
| NGAS | 3.5366 | 3.5486 | 3.6009 | 3.516 |
| WHEATF | 540.59 | 541.69 | 548.43 | 540.57 |
| XAUUSD | 3335.96 | 3336.26 | 3350.5 | 3329.19 |
| XAGUSD | 36.547 | 36.582 | 36.854 | 36.218 |