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

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 June 2020

Pivot point : 17.7500

Our preference : short positions below 17.7500 with targets at 17.4100 & 17.2900 in extension.

Alternative scenario : above 17.7500 look for further upside with 17.8500 & 17.9900 as targets.

Comment : the RSI advocates for further downside.

Supports and resistances :

17.9900 **
17.8500 *
17.7500
17.5790 – Last price
17.4100
17.2900 *
17.2000 **

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

Source : Trading Central

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