Technical Analysis (Silver) : XAG/USD 13 March 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 13 March 2020

Pivot point : 15.4000

Our preference : long positions above 15.4000 with targets at 16.0600 & 16.2100 in extension.

Alternative scenario : below 15.4000 look for further downside with 15.1900 & 14.9300 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

16.4200 **
16.2100 *
16.0600
15.7300 – Last price
15.4000
15.1900 *
14.9300 **

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

Source : Trading Central

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