Technical Analysis (Silver) : XAG/USD 29 April 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 29 April 2022

Pivot point : 23.03

Our preference : long positions above 23.03 with targets at 23.45 & 23.68 in extension.

Alternative scenario : below 23.03 look for further downside with 22.87 & 22.75 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

23.92 **
23.68 *
23.45
23.26 – Last price
23.03
22.87 *
22.75 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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