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

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

Forex Technical Analysis : XAGUSD 2 July 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 2 July 2021

Pivot point : 25.9200

Our preference : long positions above 25.9200 with targets at 26.1500 & 26.3000 in extension.

Alternative scenario : below 25.9200 look for further downside with 25.8000 & 25.6600 as targets.

Comment : a support base at 25.9200 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

26.4000 **
26.3000 *
26.1500
26.0120 – Last price
25.9200
25.8000 *
25.6600 **

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

Source : Trading Central

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