Technical Analysis (Silver) : XAG/USD 22 June 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 22 June 2020

Pivot point : 17.6600

Our preference : long positions above 17.6600 with targets at 18.0000 & 18.1900 in extension.

Alternative scenario : below 17.6600 look for further downside with 17.5400 & 17.4700 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

18.3000 **
18.1900 *
18.0000
17.8650 – Last price
17.6600
17.5400 *
17.4700 **

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

Source : Trading Central

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