Technical Analysis (Silver) : XAG/USD 10 March 2021

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

Forex Technical Analysis : XAGUSD 9 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 March 2021

Pivot point : 25.6300

Our preference : long positions above 25.6300 with targets at 26.1200 & 26.4100 in extension.

Alternative scenario : below 25.6300 look for further downside with 25.4300 & 25.2500 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

26.5800 **
26.4100 *
26.1200
25.4140 – Last price
25.6300
25.4300 *
25.2500 **

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

Source : Trading Central

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