Technical Analysis (Silver) : XAG/USD 8 June 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 June 2022

Pivot point : 22.25

Our preference : short positions below 22.25 with targets at 21.87 & 21.70 in extension.

Alternative scenario : above 22.25 look for further upside with 22.36 & 22.51 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

22.51 **
22.36 *
22.25
22.04 – Last price
21.87
21.70 *
21.55 **

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

Source : Trading Central

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