Technical Analysis (Silver) : XAG/USD 16 September 2020

16 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 16 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 16 September 2020

Pivot point : 27.0000

Our preference : long positions above 27.0000 with targets at 27.6200 & 27.8000 in extension.

Alternative scenario : below 27.0000 look for further downside with 26.7300 & 26.5400 as targets.

Comment : the RSI calls for a new upleg.

Supports and resistances :

27.9200 **
27.8000 *
27.6200
27.3135 – Last price
27.0000
26.7300 *
26.5400 **

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

Source : Trading Central

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