Technical Analysis (Silver) : XAG/USD 20 May 2021

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

Forex Technical Analysis : XAGUSD 20 May 2021

Forex Technical Analysis : XAGUSD (Silver)

Date : 20 May 2021

Pivot point : 28.0000

Our preference : short positions below 28.0000 with targets at 27.3400 & 27.1000 in extension.

Alternative scenario : above 28.0000 look for further upside with 28.2300 & 28.4200 as targets.

Comment : the RSI is mixed with a bearish bias.

Supports and resistances :

28.4200 **
28.2300 *
28.0000
27.7830 – Last price
27.3400
27.1000 *
26.7900 **

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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