Technical Analysis (Silver) : XAG/USD 1 October 2020

1 October 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 1 October 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 1 October 2020

Pivot point : 23.2500

Our preference : long positions above 23.2500 with targets at 23.9500 & 24.1100 in extension.

Alternative scenario : below 23.2500 look for further downside with 23.1100 & 22.8200 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

24.2800 **
24.1100 *
23.9500
23.5920 – Last price
23.2500
23.1100 *
22.8200 **

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

Source : Trading Central

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