Technical Analysis (Silver) : XAG/USD 16 March 2021

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

Forex Technical Analysis : XAGUSD 16 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 16 March 2021

Pivot point : 25.9600

Our preference : long positions above 25.9600 with targets at 26.4500 & 26.7000 in extension.

Alternative scenario : below 25.9600 look for further downside with 25.8300 & 25.6500 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

26.9500 **
26.7000 *
26.4500
26.2030 – Last price
25.9600
25.8300 *
25.6500 **

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

Source : Trading Central

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