Technical Analysis (Silver) : XAG/USD 17 December 2021

17 December 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 17 December 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 17 December 2021

Pivot point : 22.12

Our preference : long positions above 22.12 with targets at 22.72 & 23.00 in extension.

Alternative scenario : below 22.12 look for further downside with 21.89 & 21.67 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

23.30 **
23.00 *
22.72
22.45 – Last price
22.12
21.89 *
21.67 **

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

Source : Trading Central

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