Technical Analysis (Silver) : XAG/USD 29 October 2021

29 October 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 29 October 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 29 October 2021

Pivot point : 24.08

Our preference : short positions below 24.08 with targets at 23.70 & 23.60 in extension.

Alternative scenario : above 24.08 look for further upside with 24.24 & 24.37 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

24.37 **
24.24 *
24.08
23.88 – Last price
23.70
23.60 *
23.45 **

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

Source : Trading Central

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