Technical Analysis (Silver) : XAG/USD 4 October 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 4 October 2022

Pivot point : 20.38

Our preference : long positions above 20.38 with targets at 21.20 & 21.50 in extension.

Alternative scenario : below 20.38 look for further downside with 20.00 & 19.65 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

21.80 **
21.50 *
21.20
20.81 – Last price
20.38
20.00 *
19.65 **

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

Source : Trading Central

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