Technical Analysis (Silver) : XAG/USD 9 April 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 April 2020

Pivot point : 14.9200

Our preference : long positions above 14.9200 with targets at 15.1300 & 15.3000 in extension.

Alternative scenario : below 14.9200 look for further downside with 14.8200 & 14.7200 as targets.

Comment : the RSI calls for a bounce.

Supports and resistances :

15.3800 **
15.3000 *
15.1300
15.0725 – Last price
14.9200
14.8200 *
14.7200 **

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

Source : Trading Central

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