Technical Analysis (Silver) : XAG/USD 30 July 2021

30 July 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 30 July 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 30 July 2021

Pivot point : 25.24

Our preference : long positions above 25.24 with targets at 25.80 & 26.00 in extension.

Alternative scenario : below 25.24 look for further downside with 25.00 & 24.85 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

26.25 **
26.00 *
25.80
25.51 – Last price
25.24
25.00 *
24.85 **

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

Source : Trading Central

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