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

Forex Technical Analysis : XAGUSD (Silver)

Date : 10 June 2020

Pivot point : 17.4900

Our preference : long positions above 17.4900 with targets at 17.8000 & 17.9900 in extension.

Alternative scenario : below 17.4900 look for further downside with 17.2900 & 17.2000 as targets.

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

Supports and resistances :

18.1000 **
17.9900 *
17.8000
17.7120 – Last price
17.4900
17.2900 *
17.2000 **

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

Source : Trading Central

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