Technical Analysis (Silver) : XAG/USD 10 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 10 July 2020

Pivot point : 18.7300

Our preference : short positions below 18.7300 with targets at 18.4600 & 18.3500 in extension.

Alternative scenario : above 18.7300 look for further upside with 18.9000 & 19.0300 as targets.

Comment : the RSI lacks upward momentum.

Supports and resistances :

19.0300 **
18.9000 *
18.7300
18.6005 – Last price
18.4600
18.3500 *
18.2200 **

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

Source : Trading Central

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