Silver Intra-day Analysis 4th Feb. 2021
Under Pressure
Our Pivot: 26.73
Our Preference: Short sell Silver below 26.50 with strict stop loss of 26.73 and profit target at 26.03 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.73 will call for 27.00.
NOTE: Silver is being capped by a resistant trend line.
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 | 5.0691 | 5.0733 | 5.0881 | 4.9134 |
| USOil | 65.269 | 65.303 | 65.578 | 64.643 |
| UKOil | 67.929 | 67.989 | 68.344 | 67.349 |
| NGAS | 3.5595 | 3.5715 | 3.6009 | 3.516 |
| WHEATF | 541.58 | 542.68 | 548.43 | 540.7 |
| XAUUSD | 3334.91 | 3335.21 | 3350.5 | 3329.19 |
| XAGUSD | 36.64 | 36.672 | 36.854 | 36.218 |