Technical Analysis (Silver) : XAG/USD 9 February 2022

9 February 2022 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 9 February 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 February 2022

Pivot point : 22.94

Our preference : long positions above 22.94 with targets at 23.55 & 23.70 in extension.

Alternative scenario : below 22.94 look for further downside with 22.75 & 22.63 as targets.

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

Supports and resistances :

23.85 **
23.70 *
23.55
23.27 – Last price
22.94
22.75 *
22.63 **

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

Source : Trading Central

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