Technical Analysis (Silver) : XAG/USD 19 May 2021

19 May 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 19 May 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 19 May 2021

Pivot point : 28.3600

Our preference : short positions below 28.3600 with targets at 27.7700 & 27.4200 in extension.

Alternative scenario : above 28.3600 look for further upside with 28.7500 & 29.1000 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

29.1000 **
28.7500 *
28.3600
27.9910 – Last price
27.7700
27.4200 *
27.1000 **

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.



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