Technical Analysis (Silver) : XAG/USD 13 January 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 13 January 2021

Pivot point : 25.0800

Our preference : long positions above 25.0800 with targets at 26.0000 & 26.3000 in extension.

Alternative scenario : below 25.0800 look for further downside with 24.8500 & 24.5300 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

26.7000 **
26.3000 *
26.0000
25.5720 – Last price
25.0800
24.8500 *
24.5300 **

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

Source : Trading Central

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