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

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

Forex Technical Analysis : XAGUSD 9 July 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 July 2021

Pivot point : 26.0500

Our preference : short positions below 26.0500 with targets at 25.7800 & 25.6000 in extension.

Alternative scenario : above 26.0500 look for further upside with 26.2100 & 26.4300 as targets.

Comment : the immediate trend remains down but the momentum is weak.

Supports and resistances :

26.4300 **
26.2100 *
26.0500
25.9230 – Last price
25.7800
25.6000 *
25.4000 **

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

Source : Trading Central

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