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

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 September 2020

Pivot point : 22.8000

Our preference : short positions below 22.8000 with targets at 21.2000 & 20.6000 in extension.

Alternative scenario : above 22.8000 look for further upside with 23.4000 & 23.9000 as targets.

Comment : the RSI calls for a new downleg.

Supports and resistances :

23.9000 **
23.4000 *
22.8000
21.9200 – Last price
21.2000
20.6000 *
20.0000 **

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

Source : Trading Central

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