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

Forex Technical Analysis : XAGUSD (Silver)

Date : 27 March 2020

Pivot point : 14.2300

Our preference : long positions above 14.2300 with targets at 14.9000 & 15.0900 in extension.

Alternative scenario : below 14.2300 look for further downside with 13.9700 & 13.6100 as targets.

Comment : the RSI calls for a new upleg.

Supports and resistances :

15.3000 **
15.0900 *
14.9000
14.5259 – Last price
14.2300
13.9700 *
13.6100 **

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

Source : Trading Central

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