Technical Analysis (Silver) : XAG/USD 11 March 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 10 March 2020

Pivot point : 16.9000

Our preference : long positions above 16.9000 with targets at 17.1900 & 17.3500 in extension.

Alternative scenario : below 16.9000 look for further downside with 16.7900 & 16.6800 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

17.5600 **
17.3500 *
17.1900
17.0325 – Last price
16.9000
16.7900 *
16.6800 **

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

Source : Trading Central

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