Technical Analysis (Silver) : XAG/USD 6 January 2021

6 January 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 6 January 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 January 2021

Pivot point : 27.6900

Our preference : Short positions below 27.6900 with targets at 26.9600 & 26.7400 in extension.

Alternative scenario : Above 27.6900 look for further upside with 27.9000 & 28.1000 as targets.

Comment : The RSI advocates for further downside.

Supports and resistances :

28.1000 **
27.9000 *
27.6900
27.3235 – Last price
26.9600
26.7400 *
26.5600 **

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

Source : Trading Central

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