Technical Analysis (Silver) : XAG/USD 3 December 2021

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

Forex Technical Analysis : XAGUSD 3 December 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 3 December 2021

Pivot point : 22.20

Our preference : long positions above 22.20 with targets at 22.50 & 22.61 in extension.

Alternative scenario : below 22.20 look for further downside with 22.10 & 22.00 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

22.71 **
22.61 *
22.50
22.36 – Last price
22.20
22.10 *
22.00 **

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

Source : Trading Central

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