Technical Analysis (Silver) : XAG/USD 17 February 2022

17 February 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 17 February 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 17 February 2022

Pivot point : 23.29

Our preference : long positions above 23.29 with targets at 23.67 & 23.84 in extension.

Alternative scenario : below 23.29 look for further downside with 23.17 & 23.06 as targets.

Comment : the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances :

23.99 **
23.84 *
23.67
23.52 – Last price
23.29
23.17 *
23.06 **

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

Source : Trading Central

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