Technical Analysis (Silver) : XAG/USD 28 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 28 April 2020

Pivot point : 15.2200

Our preference : short positions below 15.2200 with targets at 14.9400 & 14.8300 in extension.

Alternative scenario : above 15.2200 look for further upside with 15.3500 & 15.4400 as targets.

Comment : as long as the resistance at 15.2200 is not surpassed, the risk of the break below 14.9400 remains high.

Supports and resistances :

15.4400 **
15.3500 *
15.2200
15.0669 – Last price
14.9400
14.8300 *
14.7200 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.