Technical Analysis (Silver) : XAG/USD 12 June 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 12 June 2020

Pivot point : 17.7200

Our preference : short positions below 17.7200 with targets at 17.3700 & 17.2000 in extension.

Alternative scenario : above 17.7200 look for further upside with 17.8600 & 17.9600 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

17.9600 **
17.8600 *
17.7200
17.5140 – Last price
17.3700
17.2000 *
17.0000 **

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

Source : Trading Central

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