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

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

Forex Technical Analysis : XAGUSD 23 February 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 February 2021

Pivot point : 27.6900

Our preference : long positions above 27.6900 with targets at 28.3200 & 28.7300 in extension.

Alternative scenario : below 27.6900 look for further downside with 27.2500 & 26.9200 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

29.0000 **
28.7300 *
28.3200
28.1221 – Last price
27.6900
27.2500 *
26.9200 **

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

Source : Trading Central

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