Technical Analysis (Silver) : XAG/USD 23 November 2021

23 November 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 23 November 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 November 2021

Pivot point : 24.48

Our preference : short positions below 24.48 with targets at 24.08 & 23.94 in extension.

Alternative scenario : above 24.48 look for further upside with 24.60 & 24.71 as targets.

Comment : as long as the resistance at 24.48 is not surpassed, the risk of the break below 24.08 remains high.

Supports and resistances :

24.71 **
24.60 *
24.48
24.31 – Last price
24.08
23.94 *
23.78 **

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

Source : Trading Central

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