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

Forex Technical Analysis : XAGUSD (Silver)

Date : 3 July 2020

Pivot point : 17.8500

Our preference : long positions above 17.8500 with targets at 18.1300 & 18.2700 in extension.

Alternative scenario : below 17.8500 look for further downside with 17.7400 & 17.6700 as targets.

Comment : the RSI calls for a new upleg.

Supports and resistances :

18.4400 **
18.2700 *
18.1300
18.0110 – Last price
17.8500
17.7400 *
17.6700 **

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

Source : Trading Central

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