Technical Analysis (Silver) : XAG/USD 10 December 2021

10 December 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 10 December 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 10 December 2021

Pivot point : 22.14

Our preference : short positions below 22.14 with targets at 21.84 & 21.64 in extension.

Alternative scenario : above 22.14 look for further upside with 22.29 & 22.48 as targets.

Comment : the immediate trend remains down but the momentum is weak.

Supports and resistances :

22.48 **
22.29 *
22.14
22.00 – Last price
21.84
21.64 *
21.44 **

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

Source : Trading Central

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