Technical Analysis (Silver) : XAG/USD 5 November 2021

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

Forex Technical Analysis : XAGUSD 5 November 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 5 November 2021

Pivot point : 23.57

Our preference : long positions above 23.57 with targets at 24.04 & 24.20 in extension.

Alternative scenario : below 23.57 look for further downside with 23.42 & 23.26 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

24.30 **
24.20 *
24.04
23.84 – Last price
23.57
23.42 *
23.26 **

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

Source : Trading Central

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