Technical Analysis (Silver) : XAG/USD 18 March 2021

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

Forex Technical Analysis : XAGUSD 18 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 18 March 2021

Pivot point : 26.1500

Our preference : long positions above 26.1500 with targets at 26.7500 & 27.0700 in extension.

Alternative scenario : below 26.1500 look for further downside with 25.9000 & 25.7300 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

27.5900 **
27.0700 *
26.7500
26.4390 – Last price
26.1500
25.9000 *
25.7300 **

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

Source : Trading Central

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