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

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

Forex Technical Analysis : XAGUSD 24 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 March 2021

Pivot point : 25.3500

Our preference : short positions below 25.3500 with targets at 24.9600 & 24.8100 in extension.

Alternative scenario : above 25.3500 look for further upside with 25.5000 & 25.6500 as targets.

Comment : the RSI calls for a new downleg.

Supports and resistances :

25.6500 **
25.5000 *
25.3500
25.1400 – Last price
24.9600
24.8100 *
24.7000 **

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

Source : Trading Central

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