Technical Analysis (Silver) : XAG/USD 14 April 2020

14 April 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 14 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 14 April 2020

Pivot point : 15.3100

Our preference : long positions above 15.3100 with targets at 15.7400 & 15.8400 in extension.

Alternative scenario : below 15.3100 look for further downside with 15.1800 & 15.1000 as targets.

Comment : the RSI is bullish and calls for further upside.

Supports and resistances :

15.9700 **
15.8400 *
15.7400
15.5295 – Last price
15.3100
15.1800 *
15.1000 **

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

Source : Trading Central

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