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

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

Forex Technical Analysis : XAGUSD 10 May 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 10 May 2021

Pivot point : 27.4200

Our preference : long positions above 27.4200 with targets at 28.0000 & 28.2000 in extension.

Alternative scenario : below 27.4200 look for further downside with 27.2700 & 27.1100 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

28.3500 **
28.2000 *
28.0000
27.6870 – Last price
27.4200
27.2700 *
27.1100 **

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

Source : Trading Central

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