Technical Analysis (Silver) : XAG/USD 14 October 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 14 October 2020

Pivot point : 23.8500

Our preference : long positions above 23.8500 with targets at 24.4000 & 24.5800 in extension.

Alternative scenario : below 23.8500 look for further downside with 23.6300 & 23.3700 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

24.7700 **
24.5800 *
24.4000
24.0808 – Last price
23.8500
23.6300 *
23.3700 **

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

Source : Trading Central

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