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

Forex Technical Analysis : XAGUSD (Silver)

Date : 28 July 2020

Pivot point : 25.2000

Our preference : long positions above 25.2000 with targets at 26.8000 & 27.3000 in extension.

Alternative scenario : below 25.2000 look for further downside with 24.5500 & 23.9500 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

27.8000 **
27.3000 *
26.8000
26.0720 – Last price
25.2000
24.5500 *
23.9500 **

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.