Technical Analysis (Silver) : XAG/USD 22 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 22 September 2020

Pivot point : 25.2500

Our preference : short positions below 25.2500 with targets at 24.1000 & 23.6500 in extension.

Alternative scenario : above 25.2500 look for further upside with 25.7000 & 26.1000 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

26.1000 **
25.7000 *
25.2500
24.6885 – Last price
24.1000
23.6500 *
23.2500 **

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

Source : Trading Central

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