Technical Analysis (Silver) : XAG/USD 8 November 2021

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

Forex Technical Analysis : XAGUSD 8 November 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 November 2021

Pivot point : 23.93

Our preference : long positions above 23.93 with targets at 24.55 & 24.75 in extension.

Alternative scenario : below 23.93 look for further downside with 23.78 & 23.58 as targets.

Comment : the RSI advocates for further advance.

Supports and resistances :

24.85 **
24.75 *
24.55
24.30 – Last price
23.93
23.78 *
23.58 **

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

Source : Trading Central

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