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

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

Forex Technical Analysis : XAGUSD 12 May 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 12 May 2021

Pivot point : 27.6600

Our preference : short positions below 27.6600 with targets at 27.0800 & 26.8200 in extension.

Alternative scenario : above 27.6600 look for further upside with 27.8800 & 28.1000 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

28.1000 **
27.8800 *
27.6600
27.3760 – Last price
27.0800
26.8200 *
26.5700 **

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

Source : Trading Central

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



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