Technical Analysis (Silver) : XAG/USD 11 January 2021

11 January 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 11 January 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 11 January 2021

Pivot point : 25.5000

Our preference : short positions below 25.5000 with targets at 23.9600 & 23.2800 in extension.

Alternative scenario : above 25.5000 look for further upside with 25.9700 & 26.2800 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

26.2800 **
25.9700 *
25.5000
24.7030 – Last price
23.9600
23.2800 *
23.0000 **

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

Source : Trading Central

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