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

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

Forex Technical Analysis : XAGUSD 7 October 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 7 October 2021

Pivot point : 22.45

Our preference : long positions above 22.45 with targets at 22.93 & 23.13 in extension.

Alternative scenario : below 22.45 look for further downside with 22.30 & 22.19 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

23.35 **
23.13 *
22.93
22.72 – Last price
22.45
22.30 *
22.19 **

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

Source : Trading Central

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