Technical Analysis (Silver) : XAG/USD 2 December 2021

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

Forex Technical Analysis : XAGUSD 2 December 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 2 December 2021

Pivot point : 23.20

Our preference : short positions below 23.20 with targets at 21.85 & 21.40 in extension.

Alternative scenario : above 23.20 look for further upside with 23.85 & 24.55 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

24.55 **
23.85 *
23.20
22.34 – Last price
21.85
21.40 *
21.00 **

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

Source : Trading Central

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