Technical Analysis (Silver) : XAG/USD 28 February 2020

28 February 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 28 February 2020

Forex Technical Analysis : XAGUSD

Date : 28 February 2020

Pivot point : 17.6600

Our preference : short positions below 17.6600 with targets at 17.3500 & 17.2000 in extension.

Alternative scenario : above 17.6600 look for further upside with 17.8300 & 17.9800 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

17.9800 **
17.8300 *
17.6600
17.5000 – Last price
17.3500
17.2000 *
17.0300 **

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

Source : Trading Central

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