Technical Analysis (Silver) : XAG/USD 24 March 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 24 March 2020

Pivot point : 13.7500

Our preference : short positions below 13.7500 with targets at 13.0100 & 12.7000 in extension.

Alternative scenario : above 13.7500 look for further upside with 14.1200 & 14.4200 as targets.

Comment : the RSI advocates for further decline.

Supports and resistances :

14.4200 **
14.1200 *
13.7500
13.3000 – Last price
13.0100
12.7000 *
12.3100 **

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

Source : Trading Central

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