Technical Analysis (Silver) : XAG/USD 3 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 3 April 2020

Pivot point : 14.2800

Our preference : long positions above 14.2800 with targets at 14.5500 & 14.7400 in extension.

Alternative scenario : below 14.2800 look for further downside with 14.1000 & 13.9700 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

14.9000 **
14.7400 *
14.5500
14.4140 – Last price
14.2800
14.1000 *
13.9700 **

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

Source : Trading Central

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