Technical Analysis (Silver) : XAG/USD 6 April 2021

6 April 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 6 April 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 April 2021

Pivot point : 24.6300

Our preference : long positions above 24.6300 with targets at 25.1000 & 25.3000 in extension.

Alternative scenario : below 24.6300 look for further downside with 24.4500 & 24.2400 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

25.5000 **
25.3000 *
25.1000
24.9332 – Last price
24.6300
24.4500 *
24.2400 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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