Daily analysis by DayTradeIdeas - 20/12/2023| FXMAG.COM

Support at 2020/15. Longs need stops below 2010.

Silver XAGUSD still holding support at 2380/70 & longs need stops below 2350.
Targets: 2420, 2440, 2460

WTI Crude January futures held 7250/00 on the downside & bounced to the target 7380/7420. A break above 7450 targets 7500/7520, perhaps as far as 7570/90.

Support again at 7250/7200. A break below 7200 retests support at 7080/40 & remember we are in a short term bear trend so longs are risky on a 3rd test.

A break below 7010 should be a sell signal targeting 6970/50 & 6890/6860.

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Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk

Jason Sen

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