Technical Analysis (Silver) : XAG/USD 7 April 2021

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

Forex Technical Analysis : XAGUSD 7 April 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 7 April 2021

Pivot point : 24.9500

Our preference : long positions above 24.9500 with targets at 25.2900 & 25.5000 in extension.

Alternative scenario : below 24.9500 look for further downside with 24.8100 & 24.6300 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

25.6500 **
25.5000 *
25.2900
25.0900 – Last price
24.9500
24.8100 *
24.6300 **

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

Source : Trading Central

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