Technical Analysis (Silver) : XAG/USD 27 August 2021

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

Forex Technical Analysis : XAGUSD 27 August 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 27 August 2021

Pivot point : 23.49

Our preference : long positions above 23.49 with targets at 23.75 & 23.86 in extension.

Alternative scenario : below 23.49 look for further downside with 23.42 & 23.30 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

23.96 **
23.86 *
23.75
23.62 – Last price
23.49
23.42 *
23.30 **

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

Source : Trading Central

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