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

Forex Technical Analysis : XAGUSD (Silver)

Date : 19 March 2020

Pivot point : 12.3000

Our preference : short positions below 12.3000 with targets at 11.6100 & 11.4200 in extension.

Alternative scenario : above 12.3000 look for further upside with 12.6400 & 12.8800 as targets.

Comment : the RSI calls for a drop.

Supports and resistances :

12.8800 **
12.6400 *
12.3000
11.9500 – Last price
11.6100
11.4200 *
11.2200 **

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

Source : Trading Central

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