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

Forex Technical Analysis : XAGUSD (Silver)

Date : 14 September 2020

Pivot point : 26.5500

Our preference : long positions above 26.5500 with targets at 27.2300 & 27.4800 in extension.

Alternative scenario : below 26.5500 look for further downside with 26.4000 & 26.2500 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

27.6600 **
27.4800 *
27.2300
26.8730 – Last price
26.5500
26.4000 *
26.2500 **

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

Source : Trading Central

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