Technical Analysis (Silver) : XAG/USD 27 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Target Level 14.5485

Date : 27 April 2020

Support Line (A) : 14.5485 – Last TP of Triangle

Resistance Line (B) : 15.4500 – Last TP of Triangle

Target Period : 2 days

Interval : 4 hours

Pattern : Triangle

Length : 92 Candles

Detail : Triangle identified at 24-Apr-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 14.5485 within the next 2 days. (Supported by RSI above 60)

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

Source : Autochartist

If you open a live account with a broker that support Autochartist, you’ll get :

– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.