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

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

Forex Technical Analysis : XAGUSD 23 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 September 2020

Pivot point : 24.5000

Our preference : short positions below 24.5000 with targets at 23.6500 & 23.2500 in extension.

Alternative scenario : above 24.5000 look for further upside with 24.7500 & 25.0000 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

25.0000 **
24.7500 *
24.5000
24.0123 – Last price
23.6500
23.2500 *
22.7000 **

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

Source : Trading Central

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