Technical Analysis (Silver) : XAG/USD 19 January 2021

19 January 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 19 January 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 19 January 2021

Pivot point : 24.8700

Our preference : long positions above 24.8700 with targets at 25.5000 & 25.8800 in extension.

Alternative scenario : below 24.8700 look for further downside with 24.7000 & 24.4400 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

26.1000 **
25.8800 *
25.5000
25.1190 – Last price
24.8700
24.7000 *
24.4400 **

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

Source : Trading Central

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