17 March 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 17 March 2021
Pivot point : 27.4000
Our preference : short positions below 27.4000 with targets at 24.8500 & 23.6500 in extension.
Alternative scenario : above 27.4000 look for further upside with 28.1500 & 29.0000 as targets.
Comment : even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances :
29.0000 **
28.1500 *
27.4000
25.9058 – Last price
24.8500
23.6500 *
22.6500 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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