Technical Analysis (Silver) : XAG/USD 25 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 25 November 2020

Pivot point : 23.5200

Our preference : short positions below 23.5200 with targets at 22.9100 & 22.6400 in extension.

Alternative scenario : above 23.5200 look for further upside with 23.7200 & 23.9000 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

23.9000 **
23.7200 *
23.5200
23.1640 – Last price
22.9100
22.6400 *
22.5000 **

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

Source : Trading Central

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