Technical Analysis (Silver) : XAG/USD 3 June 2021

3 June 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 3 June 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 3 June 2021

Pivot point : 28.0800

Our preference : short positions below 28.0800 with targets at 27.6600 & 27.5100 in extension.

Alternative scenario : above 28.0800 look for further upside with 28.2200 & 28.3700 as targets.

Comment : the RSI has broken down its 30 level.

Supports and resistances :

28.3700 **
28.2200 *
28.0800
27.8767 – Last price
27.6600
27.5100 *
27.3800 **

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

Source : Trading Central

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