Technical Analysis (Silver) : XAG/USD 13 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 13 November 2020

Pivot point : 24.0200

Our preference : long positions above 24.0200 with targets at 24.4900 & 24.6900 in extension.

Alternative scenario : below 24.0200 look for further downside with 23.7500 & 23.5500 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

24.8700 **
24.6900 *
24.4900
24.1935 – Last price
24.0200
23.7500 *
23.5500 **

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

Source : Trading Central

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