Technical Analysis (Silver) : XAG/USD 1 November 2021

1 November 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 1 November 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 1 November 2021

Pivot point : 23.94

Our preference : short positions below 23.94 with targets at 23.63 & 23.45 in extension.

Alternative scenario : above 23.94 look for further upside with 24.10 & 24.24 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

24.24 **
24.10 *
23.94
23.81 – Last price
23.63
23.45 *
23.20 **

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

Source : Trading Central

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