Technical Analysis (Silver) : XAG/USD 24 August 2021

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

Forex Technical Analysis : XAGUSD 24 August 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 August 2021

Pivot point : 23.38

Our preference : long positions above 23.38 with targets at 23.82 & 23.95 in extension.

Alternative scenario : below 23.38 look for further downside with 23.25 & 23.14 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

24.10 **
23.95 *
23.82
23.60 – Last price
23.38
23.25 *
23.14 **

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

Source : Trading Central

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