Technical Analysis (Silver) : XAG/USD 31 August 2021

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

Forex Technical Analysis : XAGUSD 31 August 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 31 August 2021

Pivot point : 23.94

Our preference : long positions above 23.94 with targets at 24.30 & 24.50 in extension.

Alternative scenario : below 23.94 look for further downside with 23.81 & 23.66 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

24.70 **
24.50 *
24.30
24.16 – Last price
23.94
23.81 *
23.66 **

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

Source : Trading Central

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