Technical Analysis (Silver) : XAG/USD 23 August 2021

23 August 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 23 August 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 August 2021

Pivot point : 23.04

Our preference : long positions above 23.04 with targets at 23.41 & 23.60 in extension.

Alternative scenario : below 23.04 look for further downside with 22.85 & 22.60 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

23.82 **
23.60 *
23.41
23.23 – Last price
23.04
22.85 *
22.60 **

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

Source : Trading Central

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