Technical Analysis (Silver) : XAG/USD 21 October 2021

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

Forex Technical Analysis : XAGUSD 21 October 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 21 October 2021

Pivot point : 24.10

Our preference : long positions above 24.10 with targets at 24.60 & 24.80 in extension.

Alternative scenario : below 24.10 look for further downside with 23.90 & 23.74 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

25.00 **
24.80 *
24.60
24.37 – Last price
24.10
23.90 *
23.74 **

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

Source : Trading Central

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