Technical Analysis (Silver) : XAG/USD 6 November 2020

6 November 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 6 November 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 November 2020

Pivot point : 24.8600

Our preference : long positions above 24.8600 with targets at 25.4700 & 25.8100 in extension.

Alternative scenario : below 24.8600 look for further downside with 24.6400 & 24.3800 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

26.1400 **
25.8100 *
25.4700
25.2095 – Last price
24.8600
24.6400 *
24.3800 **

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

Source : Trading Central

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