Technical Analysis (Silver) : XAG/USD 19 October 2021

19 October 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 19 October 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 19 October 2021

Pivot point : 23.25

Our preference : long positions above 23.25 with targets at 23.59 & 23.75 in extension.

Alternative scenario : below 23.25 look for further downside with 23.14 & 23.00 as targets.

Comment : the RSI calls for a new upleg.

Supports and resistances :

23.95 **
23.75 *
23.59
23.45 – Last price
23.25
23.14 *
23.00 **

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

Source : Trading Central

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