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

20 October 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 20 October 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 20 October 2020

Pivot point : 24.5700

Our preference : short positions below 24.5700 with targets at 24.1900 & 24.0300 in extension.

Alternative scenario : above 24.5700 look for further upside with 24.7500 & 24.9700 as targets.

Comment : the RSI is mixed and calls for caution.

Supports and resistances :

24.9700 **
24.7500 *
24.5700
24.5016 – Last price
24.1900
24.0300 *
23.8500 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%