Technical Analysis (Silver) : XAG/USD 2 March 2021

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

Forex Technical Analysis : XAGUSD 2 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 2 March 2021

Pivot point : 26.6000

Our preference : short positions below 26.6000 with targets at 25.7900 & 25.3000 in extension.

Alternative scenario : above 26.6000 look for further upside with 27.0700 & 27.3200 as targets.

Comment : as long as the resistance at 26.6000 is not surpassed, the risk of the break below 25.7900 remains high.

Supports and resistances :

27.3200 **
27.0700 *
26.6000
26.0730 – Last price
25.7900
25.3000 *
24.9000 **

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

Source : Trading Central

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