Technical Analysis (Silver) : XAG/USD 26 November 2021

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

Forex Technical Analysis : XAGUSD 26 November 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 26 November 2021

Pivot point : 23.49

Our preference : long positions above 23.49 with targets at 23.72 & 23.87 in extension.

Alternative scenario : below 23.49 look for further downside with 23.37 & 23.24 as targets.

Comment : a support base at 23.49 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

24.00 **
23.87 *
23.72
23.59 – Last price
23.49
23.37 *
23.24 **

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

Source : Trading Central

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