Technical Analysis (Silver) : XAG/USD 17 March 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 17 March 2020

Pivot point : 13.2900

Our preference : short positions below 13.2900 with targets at 12.1000 & 11.7700 in extension.

Alternative scenario : above 13.2900 look for further upside with 14.0500 & 14.4200 as targets.

Comment : the RSI lacks upward momentum.

Supports and resistances :

14.4200 **
14.0500 *
13.2900
12.8485 – Last price
12.1000
11.7700 *
11.0000 **

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

Source : Trading Central

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