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

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

Forex Technical Analysis : XAGUSD 6 October 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 October 2020

Pivot point : 24.0200

Our preference : long positions above 24.0200 with targets at 24.5100 & 24.6800 in extension.

Alternative scenario : below 24.0200 look for further downside with 23.6800 & 23.3600 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

24.8500 **
24.6800 *
24.5100
24.3008 – Last price
24.0200
23.6800 *
23.3600 **

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.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%