Technical Analysis (Silver) : XAG/USD 23 June 2020

23 June 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 23 June 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 June 2020

Pivot point : 17.8700

Our preference : short positions below 17.8700 with targets at 17.5400 & 17.4300 in extension.

Alternative scenario : above 17.8700 look for further upside with 18.0300 & 18.1100 as targets.

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

Supports and resistances :

18.1100 **
18.0300 *
17.8700
17.6809 – Last price
17.5400
17.4300 *
17.2900 **

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

Source : Trading Central

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