Technical Analysis (Silver) : XAG/USD 30 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 30 April 2020

Pivot point : 15.1200

Our preference : long positions above 15.1200 with targets at 15.3900 & 15.5200 in extension.

Alternative scenario : below 15.1200 look for further downside with 15.0400 & 14.9700 as targets.

Comment : the RSI is mixed with a bullish bias.

Supports and resistances :

15.6000 **
15.5200 *
15.3900
15.2600 – Last price
15.1200
15.0400 *
14.9700 **

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

Source : Trading Central

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