Silver Intra-day Analysis 22nd Feb. 2021

Under Pressure

Our Pivot: 28.05

Our Preference: Short sell Silver below 27.68 with strict stop loss of 28.05 and profit target at 27.25 with extension towards 27.00.

Alternate Scenario: Upward penetration of 28.05 will call for 28.34.

NOTE: Silver is being capped by a horizontal resistant region.

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
Copper6.7366.7402 6.7788 6.7292
USOil93.33393.367 93.778 92.492
UKOil104.469104.509 107.055 103.084
NGAS3.11063.1226 3.2444 3.0984
WHEATF703.34704.44 707.38 683.07
XAUUSD4261.034261.33 4285.06 4257.47
XAGUSD63.58963.914 64.46 63.519


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