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

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 March 2020

Pivot point : 12.3100

Our preference : long positions above 12.3100 with targets at 12.7800 & 13.0100 in extension.

Alternative scenario : below 12.3100 look for further downside with 12.1500 & 12.0000 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

13.2400 **
13.0100 *
12.7800
12.5600 – Last price
12.3100
12.1500 *
12.0000 **

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

Source : Trading Central

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