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

Forex Technical Analysis : XAGUSD (Silver)

Date : 2 July 2020

Pivot point : 18.1000

Our preference : short positions below 18.1000 with targets at 17.8100 & 17.6700 in extension.

Alternative scenario : above 18.1000 look for further upside with 18.3200 & 18.4400 as targets.

Comment : a break below 17.8100 would trigger a drop towards 17.6700.

Supports and resistances :

18.4400 **
18.3200 *
18.1000
17.9000 – Last price
17.8100
17.6700 *
17.4600 **

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

Source : Trading Central

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