Technical Analysis (Silver) : XAG/USD 1 September 2020

1 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 1 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 1 September 2020

Pivot point : 28.1600

Our preference : long positions above 28.1600 with targets at 29.1000 & 29.4000 in extension.

Alternative scenario : below 28.1600 look for further downside with 27.7700 & 27.5400 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

29.7000 **
29.4000 *
29.1000
28.6828 – Last price
28.1600
27.7700 *
27.5400 **

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

Source : Trading Central

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