Silver Intra-day Analysis 4th Mar Feb. 2021

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: 

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper6.12596.1301 6.223 6.0609
USOil74.47374.507 76.093 71.729
UKOil79.02479.084 80.616 75.434
NGAS3.2173.229 3.3601 3.2115
WHEATF605.7606.8 627.43 610.07
XAUUSD4079.444079.74 4134.2 4021.59
XAGUSD58.20558.532 61.188 57.063


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