Technical Analysis (Silver) : XAG/USD 20 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 20 November 2020

Pivot point : 23.8400

Our preference : long positions above 23.8400 with targets at 24.4100 & 24.6200 in extension.

Alternative scenario : below 23.8400 look for further downside with 23.6200 & 23.4200 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

24.8100 **
24.6200 *
24.4100
24.1385 – Last price
23.8400
23.6200 *
23.4200 **

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

Source : Trading Central

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