Technical Analysis (Silver) : XAG/USD 21 March 2022

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

Forex Technical Analysis : XAGUSD 21 March 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 21 March 2022

Pivot point : 25.27

Our preference : short positions below 25.27 with targets at 24.87 & 24.70 in extension.

Alternative scenario : above 25.27 look for further upside with 25.40 & 25.54 as targets.

Comment : as long as the resistance at 25.27 is not surpassed, the risk of the break below 24.87 remains high.

Supports and resistances :

25.54 **
25.40 *
25.27
25.02 – Last price
24.87
24.70 *
24.45 **

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

Source : Trading Central

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