Technical Analysis (Silver) : XAG/USD 7 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 7 September 2020

Pivot point : 26.6000

Our preference : long positions above 26.6000 with targets at 27.3900 & 27.7000 in extension.

Alternative scenario : below 26.6000 look for further downside with 26.2700 & 26.0300 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

28.0700 **
27.7000 *
27.3900
27.0120 – Last price
26.6000
26.2700 *
26.0300 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.