Technical Analysis (Silver) : XAG/USD 27 January 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 27 January 2022

Pivot point : 23.59

Our preference : short positions below 23.59 with targets at 23.10 & 22.90 in extension.

Alternative scenario : above 23.59 look for further upside with 23.78 & 24.96 as targets.

Comment : the RSI shows downside momentum.

Supports and resistances :

24.96 **
23.78 *
23.59
23.33 – Last price
23.10
22.90 *
22.70 **

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

Source : Trading Central

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