Technical Analysis (Silver) : XAG/USD 19 August 2020

19 August 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 19 August 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 19 August 2020

Pivot point : 28.1500

Our preference : short positions below 28.1500 with targets at 27.1000 & 26.8500 in extension.

Alternative scenario : above 28.1500 look for further upside with 28.4500 & 28.7500 as targets.

Comment : the RSI is mixed to bearish.

Supports and resistances :

28.7500 **
28.4500 *
28.1500
27.6800 – Last price
27.1000
26.8500 *
26.3000 **

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

Source : Trading Central

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