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

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

Forex Technical Analysis : XAGUSD 8 January 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 January 2021

Pivot point : 27.2500

Our preference : short positions below 27.2500 with targets at 26.8900 & 26.5800 in extension.

Alternative scenario : above 27.2500 look for further upside with 27.3600 & 27.6300 as targets.

Comment : the RSI is mixed.

Supports and resistances :

27.6300 **
27.3600 *
27.2500
27.0120 – Last price
26.8900
26.5800 *
26.3300 **

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

Source : Trading Central

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