Downside Prevails
Our Pivot: 26.50
Our Preference: Short sell below 26.28 with strict stop loss of 26.50 and profit target at 25.92 with extension towards 25.80.
Alternate Scenario: Upward penetration of 26.50 will call for 26.74.
NOTE: Silver is being capped by a descending trend line.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 5.0674 | 5.0716 | 5.0881 | 4.9134 |
USOil | 65.222 | 65.256 | 65.578 | 64.643 |
UKOil | 67.889 | 67.949 | 68.344 | 67.349 |
NGAS | 3.5491 | 3.5611 | 3.6009 | 3.516 |
WHEATF | 541.2 | 542.3 | 548.43 | 540.7 |
XAUUSD | 3336.94 | 3337.24 | 3350.5 | 3329.19 |
XAGUSD | 36.649 | 36.68 | 36.854 | 36.218 |