Technical Analysis (Silver) : XAG/USD 8 December 2021

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

Forex Technical Analysis : XAGUSD 8 December 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 December 2021

Pivot point : 22.35

Our preference : long positions above 22.35 with targets at 22.60 & 22.75 in extension.

Alternative scenario : below 22.35 look for further downside with 22.21 & 22.11 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

22.90 **
22.75 *
22.60
22.52 – Last price
22.35
22.21 *
22.11 **

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

Source : Trading Central

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