Technical Analysis (Silver) : XAG/USD 23 November 2020

23 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 23 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 November 2020

Pivot point : 24.0600

Our preference : long positions above 24.0600 with targets at 24.3900 & 24.5200 in extension.

Alternative scenario : below 24.0600 look for further downside with 23.9300 & 23.8200 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

24.7000 **
24.5200 *
24.3900
24.2765 – Last price
24.0600
23.9300 *
23.8200 **

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

Source : Trading Central

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