Technical Analysis (Silver) : XAG/USD 8 September 2020

8 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 8 September 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 September 2020

Pivot point : 27.0000

Our preference : short positions below 27.0000 with targets at 26.6000 & 26.3000 in extension.

Alternative scenario : above 27.0000 look for further upside with 27.1700 & 27.4000 as targets.

Comment : as long as 27.0000 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

27.4000 **
27.1700 *
27.0000
26.7800 – Last price
26.6000
26.3000 *
26.0500 **

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

Source : Trading Central

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