Technical Analysis (Silver) : XAG/USD 17 March 2022

17 March 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 17 March 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 17 March 2022

Pivot point : 24.86

Our preference : long positions above 24.86 with targets at 25.45 & 25.75 in extension.

Alternative scenario : below 24.86 look for further downside with 24.69 & 24.44 as targets.

Comment : the RSI shows upside momentum. (Be aware! switch to downtrend.)

Supports and resistances :

25.95 **
25.75 *
25.45
25.27 – Last price
24.86
24.69 *
24.44 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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