Technical Analysis (Silver) : XAG/USD 18 November 2020

18 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 18 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 18 November 2020

Pivot point : 24.6200

Our preference : short positions below 24.6200 with targets at 24.2000 & 24.0200 in extension.

Alternative scenario : above 24.6200 look for further upside with 24.8100 & 24.9600 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

24.9600 **
24.8100 *
24.6200
24.4430 – Last price
24.2000
24.0200 *
23.7600 **

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

Source : Trading Central

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