Technical Analysis (Silver) : XAG/USD 24 December 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 December 2020

Pivot point : 25.2600

Our preference : Long positions above 25.2600 with targets at 26.0800 & 26.5000 in extension.

Alternative scenario : Below 25.2600 look for further downside with 24.9200 & 24.6700 as targets.

Comment : The RSI is mixed to bullish.

Supports and resistances :

26.9000 **
26.5000 *
26.0800
25.7590 – Last price
25.2600
24.9200 *
24.6700 **

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

Source : Trading Central

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