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

Forex Technical Analysis : XAGUSD (Silver)

Date : 28 August 2020

Pivot point : 26.8000

Our preference : long positions above 26.8000 with targets at 27.5400 & 27.9200 in extension.

Alternative scenario : below 26.8000 look for further downside with 26.4900 & 26.2000 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

28.1000 **
27.9200 *
27.5400
27.2680 – Last price
26.8000
26.4900 *
26.2000 **

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

Source : Trading Central

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