Technical Analysis (Silver) : XAG/USD 25 February 2021

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

Forex Technical Analysis : XAGUSD 25 February 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 25 February 2021

Pivot point : 27.6200

Our preference : long positions above 27.6200 with targets at 28.3200 & 28.5700 in extension.

Alternative scenario : below 27.6200 look for further downside with 27.4200 & 27.2200 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

28.8200 **
28.5700 *
28.3200
27.9800 – Last price
27.6200
27.4200 *
27.2200 **

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

Source : Trading Central

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