Technical Analysis (Silver) : XAG/USD 12 February 2021

12 February 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 12 February 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 12 February 2021

Pivot point : 27.1800

Our preference : short positions below 27.1800 with targets at 26.6800 & 26.5200 in extension.

Alternative scenario : above 27.1800 look for further upside with 27.4500 & 27.6900 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

27.6900 **
27.4500 *
27.1800
26.9498 – Last price
26.6800
26.5200 *
26.3900 **

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

Source : Trading Central

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