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

Forex Technical Analysis : XAGUSD (Silver)

Date : 10 March 2020

Pivot point : 16.8400

Our preference : long positions above 16.8400 with targets at 17.2200 & 17.3700 in extension.

Alternative scenario : below 16.8400 look for further downside with 16.6800 & 16.5400 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

17.5600 **
17.3700 *
17.2200
16.9898 – Last price
16.8400
16.6800 *
16.5400 **

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

Source : Trading Central

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