Silver Intra-day Analysis 24th Mar. 2021

Under Pressure

Our Pivot: 25.43

Our Preference: Short sell Silver below 25.28 with strict stop loss of 25.43 and profit target at 25.00 with extension towards 24.91.

Alternate Scenario: Upward penetration of 25.43 will call for 25.65.

NOTE: Silver is moving in a bearish price channel.

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
Copper6.33236.3365 6.3583 6.3279
USOil89.10489.138 89.918 88.643
UKOil91.81591.855 94.466 89.564
NGAS3.13063.1426 3.1466 3.1294
WHEATF584.59585.69 595.31 581.2
XAUUSD4236.24237.1 4261.22 4232.34
XAGUSD64.73365.076 65.569 64.649


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