Technical Analysis (Silver) : XAG/USD 22 April 2021

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

Forex Technical Analysis : XAGUSD 22 April 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 22 April 2021

Pivot point : 26.1100

Our preference : long positions above 26.1100 with targets at 26.8000 & 27.0000 in extension.

Alternative scenario : below 26.1100 look for further downside with 25.8000 & 25.6100 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

27.3000 **
27.0000 *
26.8000
26.4930 – Last price
26.1100
25.8000 *
25.6100 **

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

Source : Trading Central

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