Technical Analysis (Silver) : XAG/USD 6 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 July 2020

Pivot point : 17.9200

Our preference : long positions above 17.9200 with targets at 18.2600 & 18.3300 in extension.

Alternative scenario : below 17.9200 look for further downside with 17.8200 & 17.7400 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

18.4400 **
18.3300 *
18.2600
18.0910 – Last price
17.9200
17.8200 *
17.7400 **

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

Source : Trading Central

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