Technical Analysis (Silver) : XAG/USD 7 January 2021

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

Forex Technical Analysis : XAGUSD 7 January 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 7 January 2021

Pivot point : 26.8100

Our preference : Long positions above 26.8100 look for further upside with 27.3600 & 27.6800 as targets.

Alternative scenario : below 26.8100 with targets at 26.5800 & 26.3300 in extension.

Comment : The RSI advocates for further upside.

Supports and resistances :

27.9000 **
27.6800 *
27.3600
27.0918 – Last price
26.5800
26.3300 *
26.0100 **

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

Source : Trading Central

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