Technical Analysis (Silver) : XAG/USD 24 February 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 February 2022

Pivot point : 24.63

Our preference : long positions above 24.63 with targets at 25.20 & 25.50 in extension.

Alternative scenario : below 24.63 look for further downside with 24.45 & 24.28 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

25.70 **
25.50 *
25.20
25.00 – Last price
24.63
24.45 *
24.28 **

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

Source : Trading Central

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