Technical Analysis (Silver) : XAG/USD 20 April 2021

20 April 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 20 April 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 20 April 2021

Pivot point : 26.1000

Our preference : short positions below 26.1000 with targets at 25.6100 & 25.4100 in extension.

Alternative scenario : above 26.1000 look for further upside with 26.2300 & 26.4500 as targets.

Comment : as long as 26.1000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

26.4500 **
26.2300 *
26.1000
25.9217 – Last price
25.6100
25.4100 *
25.1700 **

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

Source : Trading Central

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