Technical Analysis (Silver) : XAG/USD 28 October 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 28 October 2020

Pivot point : 24.5000

Our preference : short positions below 24.5000 with targets at 24.1800 & 24.0700 in extension.

Alternative scenario : above 24.5000 look for further upside with 24.6600 & 24.8500 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

24.8500 **
24.6600 *
24.5000
24.3468 – Last price
24.1800
24.0700 *
23.9100 **

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

Source : Trading Central

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