Silver Intra-day Analysis 5th Mar Feb. 2021
Caution
Our Pivot: 25.44
Our Preference: Short sell below 25.28 with strict stop loss of 25.44 and profit target at 24.95 with extension towards 24.70.
Alternate Scenario: Upward penetration of 25.44 will call for 26.00.
NOTE: Silver is moving in a bearish price channel but its being supported by a strong supportive trend line at 24.70.
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 | 6.1259 | 6.1301 | 6.223 | 6.0609 |
| USOil | 74.458 | 74.492 | 76.093 | 71.729 |
| UKOil | 78.999 | 79.059 | 80.616 | 75.434 |
| NGAS | 3.217 | 3.229 | 3.3601 | 3.2115 |
| WHEATF | 605.7 | 606.8 | 627.43 | 610.07 |
| XAUUSD | 4079.14 | 4079.44 | 4134.2 | 4021.59 |
| XAGUSD | 58.214 | 58.538 | 61.188 | 57.063 |