Technical Analysis (Silver) : XAG/USD 8 March 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 March 2021

Pivot point : 25.2400

Our preference : long positions above 25.2400 with targets at 25.9200 & 26.3000 in extension.

Alternative scenario : below 25.2400 look for further downside with 24.8100 & 24.5200 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

26.4800 **
26.3000 *
25.9200
25.6300 – Last price
25.2400
24.8100 *
24.5200 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.