Technical Analysis (Silver) : XAG/USD 30 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 30 November 2020

Pivot point : 22.5200

Our preference : short positions below 22.5200 with targets at 21.8400 & 21.5700 in extension.

Alternative scenario : above 22.5200 look for further upside with 22.7500 & 22.9100 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

22.9100 **
22.7500 *
22.5200
22.1000 – Last price
21.8400
21.5700 *
21.2700 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.