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

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

Forex Technical Analysis : XAGUSD 11 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 11 September 2020

Pivot point : 26.9500

Our preference : short positions below 26.9500 with targets at 26.4000 & 26.0600 in extension.

Alternative scenario : above 26.9500 look for further upside with 27.2700 & 27.4800 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

27.4800 **
27.2700 *
26.9500
26.6190 – Last price
26.4000
26.0600 *
25.8200 **

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

Source : Trading Central

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