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

Forex Technical Analysis : XAGUSD (Silver)

Date : 14 July 2020

Pivot point : 19.2300

Our preference : short positions below 19.2300 with targets at 18.8100 & 18.6300 in extension.

Alternative scenario : above 19.2300 look for further upside with 19.3700 & 19.4800 as targets.

Comment : the RSI advocates for further decline.

Supports and resistances :

19.4800 **
19.3700 *
19.2300
19.0130 – Last price
18.8100
18.6300 *
18.4600 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.