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

22 May 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 22 May 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 22 May 2020

Pivot point : 17.1300

Our preference : short positions below 17.1300 with targets at 16.5000 & 16.3000 in extension.

Alternative scenario : above 17.1300 look for further upside with 17.2900 & 17.4000 as targets.

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

Supports and resistances :

17.4000 **
17.2900 *
17.1300
16.8025 – Last price
16.5000
16.3000 *
16.1200 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%