Technical Analysis (Silver) : XAG/USD 18 May 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 18 May 2022

Pivot point : 21.69

Our preference : short positions below 21.69 with targets at 21.35 & 21.23 in extension.

Alternative scenario : above 21.69 look for further upside with 21.80 & 21.91 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

21.91 **
21.80 *
21.69
21.54 – Last price
21.35
21.23 *
21.05 **

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

Source : Trading Central

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