Technical Analysis (Silver) : XAG/USD 4 February 2022

4 February 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 4 February 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 4 February 2022

Pivot point : 22.20

Our preference : long positions above 22.20 with targets at 22.65 & 22.85 in extension.

Alternative scenario : below 22.20 look for further downside with 21.98 & 21.80 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

22.95 **
22.85 *
22.65
22.50 – Last price
22.20
21.98 *
21.80 **

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

Source : Trading Central

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