Technical Analysis (Silver) : XAG/USD 24 November 2020

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

Forex Technical Analysis : XAGUSD 24 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 November 2020

Pivot point : 23.6400

Our preference : short positions below 23.6400 with targets at 23.2200 & 22.9700 in extension.

Alternative scenario : above 23.6400 look for further upside with 23.8700 & 24.0200 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

24.0200 **
23.8700 *
23.6400
23.4470 – Last price
23.2200
22.9700 *
22.6500 **

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

Source : Trading Central

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