Technical Analysis (Silver) : XAG/USD 23 August 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 August 2022

Pivot point : 19.10

Our preference : short positions below 19.10 with targets at 18.75 & 18.60 in extension.

Alternative scenario : above 19.10 look for further upside with 19.30 & 19.45 as targets.

Comment : the index currently faces a challenging resistance area at 19.10.

Supports and resistances :

19.45 **
19.30 *
19.10
18.93 – Last price
18.75
18.60 *
18.45 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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