Technical Analysis (Silver) : XAG/USD 29 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 29 April 2020

Pivot point : 15.0300

Our preference : long positions above 15.0300 with targets at 15.3300 & 15.4400 in extension.

Alternative scenario : below 15.0300 look for further downside with 14.8900 & 14.8000 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

15.6000 **
15.4400 *
15.3300
15.1789 – Last price
15.0300
14.8900 *
14.8000 **

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

Source : Trading Central

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