Technical Analysis (Silver) : XAG/USD 1 March 2021

1 March 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 1 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 1 March 2021

Pivot point : 26.3800

Our preference : long positions above 26.3800 with targets at 27.3000 & 27.5800 in extension.

Alternative scenario : below 26.3800 look for further downside with 26.1000 & 25.6300 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

27.9400 **
27.5800 *
27.3000
26.8700 – Last price
26.3800
26.1000 *
25.6300 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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