Technical Analysis (Silver) : XAG/USD 9 February 2021

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

Forex Technical Analysis : XAGUSD 9 February 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 February 2021

Pivot point : 27.2000

Our preference : long positions above 27.2000 with targets at 27.8400 & 28.0000 in extension.

Alternative scenario : below 27.2000 look for further downside with 26.8000 & 26.5800 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

28.2300 **
28.0000 *
27.8400
27.5139 – Last price
27.2000
26.8000 *
26.5800 **

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

Source : Trading Central

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