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

Forex Technical Analysis : XAGUSD (Silver)

Date : 30 June 2020

Pivot point : 17.7500

Our preference : long positions above 17.7500 with targets at 17.9700 & 18.0700 in extension.

Alternative scenario : below 17.7500 look for further downside with 17.6700 & 17.5500 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

18.1900 **
18.0700 *
17.9700
17.8500 – Last price
17.7500
17.6700 *
17.5500 **

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

Source : Trading Central

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