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

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

Forex Technical Analysis : XAGUSD 8 February 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 February 2021

Pivot point : 26.7300

Our preference : long positions above 26.7300 with targets at 27.3000 & 27.4900 in extension.

Alternative scenario : below 26.7300 look for further downside with 26.2500 & 25.6600 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

27.8400 **
27.4900 *
27.3000
26.9100 – Last price
26.7300
26.2500 *
25.6600 **

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

Source : Trading Central

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