Technical Analysis (Silver) : XAG/USD 25 March 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 25 March 2020

Pivot point : 14.0400

Our preference : long positions above 14.0400 with targets at 14.7000 & 14.9000 in extension.

Alternative scenario : below 14.0400 look for further downside with 13.7700 & 13.4500 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

15.3000 **
14.9000 *
14.7000
14.3530 – Last price
14.0400
13.7700 *
13.4500 **

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

Source : Trading Central

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