Technical Analysis (Silver) : XAG/USD 6 September 2022

Forex Technical Analysis : XAGUSD (Silver)

Date : 6 September 2022

Pivot point : 18.15

Our preference : long positions above 18.15 with targets at 18.54 & 18.70 in extension.

Alternative scenario : below 18.15 look for further downside with 18.00 & 17.86 as targets.

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

Supports and resistances :

18.90 **
18.70 *
18.54
18.37 – Last price
18.15
18.00 *
17.86 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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