Technical Analysis (Silver) : XAG/USD 19 August 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 19 August 2022

Pivot point : 19.68

Our preference : short positions below 19.68 with targets at 19.20 & 19.00 in extension.

Alternative scenario : above 19.68 look for further upside with 19.93 & 20.05 as targets.

Comment : the RSI shows downside momentum.

Supports and resistances :

20.05 **
19.93 *
19.68
19.41 – Last price
19.20
19.00 *
18.80 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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