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

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 March 2020

Pivot point : 17.2600

Our preference : long positions above 17.2600 with targets at 17.5200 & 17.6600 in extension.

Alternative scenario : below 17.2600 look for further downside with 17.1300 & 17.0500 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

17.7700 **
17.6600 *
17.5200
17.3840 – Last price
17.2600
17.1300 *
17.0500 **

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

Source : Trading Central

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