Technical Analysis (Silver) : XAG/USD 2 March 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 2 March 2020

Pivot point : 16.6400

Our preference : long positions above 16.6400 with targets at 17.2100 & 17.4000 in extension.

Alternative scenario : below 16.6400 look for further downside with 16.3700 & 16.2300 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

17.6700 **
17.4000 *
17.2100
16.9680 – Last price
16.6400
16.3700 *
16.2300 **

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

Source : Trading Central

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