Technical Analysis (Silver) : XAG/USD 3 October 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 3 October 2022

Pivot point : 18.83

Our preference : long positions above 18.83 with targets at 19.50 & 19.70 in extension.

Alternative scenario : below 18.83 look for further downside with 18.66 & 18.46 as targets.

Comment : the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances :

19.90 **
19.70 *
19.50
19.18 – Last price
18.83
18.66 *
18.46 **

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

Source : Trading Central

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