12 October 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 12 October 2020
Pivot point : 24.8600
Our preference : long positions above 24.8600 with targets at 25.6000 & 26.0000 in extension.
Alternative scenario : below 24.8600 look for further downside with 24.4500 & 24.1100 as targets.
Comment : the RSI is bullish and calls for further advance.
Supports and resistances :
26.4200 **
26.0000 *
25.6000
25.3848 – Last price
24.8600
24.4500 *
24.1100 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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