Technical Analysis (Silver) : XAG/USD 21 September 2021

21 September 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 21 September 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 21 September 2021

Pivot point : 22.01

Our preference : long positions above 22.01 with targets at 22.51 & 22.79 in extension.

Alternative scenario : below 22.01 look for further downside with 21.75 & 21.50 as targets.

Comment : a support base at 22.01 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

23.13 **
22.79 *
22.51
22.24 – Last price
22.01
21.75 *
21.50 **

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

Source : Trading Central

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