Technical Analysis (Silver) : XAG/USD 20 October 2021

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

Forex Technical Analysis : XAGUSD 20 October 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 20 October 2021

Pivot point : 23.60

Our preference : long positions above 23.60 with targets at 23.95 & 24.11 in extension.

Alternative scenario : below 23.60 look for further downside with 23.40 & 23.23 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

24.30 **
24.11 *
23.95
23.81 – Last price
23.60
23.40 *
23.23 **

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

Source : Trading Central

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