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

3 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 3 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 3 September 2020

Pivot point : 27.8500

Our preference : short positions below 27.8500 with targets at 27.0500 & 26.7600 in extension.

Alternative scenario : above 27.8500 look for further upside with 28.1000 & 28.3200 as targets.

Comment : as long as the resistance at 27.8500 is not surpassed, the risk of the break below 27.0500 remains high.

Supports and resistances :

28.3200 **
28.1000 *
27.8500
27.5200 – Last price
27.0500
26.7600 *
26.4900 **

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

Source : Trading Central

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