Technical Analysis (Silver) : XAG/USD 2 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 2 April 2020

Pivot point : 14.1000

Our preference : short positions below 14.1000 with targets at 13.7900 & 13.6100 in extension.

Alternative scenario : above 14.1000 look for further upside with 14.2500 & 14.3900 as targets.

Comment : as long as 14.1000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

14.3900 **
14.2500 *
14.1000
14.0045 – Last price
13.7900
13.6100 *
13.4000 **

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

Source : Trading Central

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