Technical Analysis (Silver) : XAG/USD 26 August 2021

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

Forex Technical Analysis : XAGUSD 26 August 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 26 August 2021

Pivot point : 23.85

Our preference : short positions below 23.85 with targets at 23.53 & 23.40 in extension.

Alternative scenario : above 23.85 look for further upside with 23.95 & 24.05 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

24.05 **
23.95 *
23.85
23.68 – Last price
23.53
23.40 *
23.27 **

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

Source : Trading Central

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