13 August 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 13 August 2020
Pivot point : 24.8500
Our preference : long positions above 24.8500 with targets at 26.7500 & 27.4000 in extension.
Alternative scenario : below 24.8500 look for further downside with 24.1000 & 23.4000 as targets.
Comment : the RSI is bullish and calls for further advance.
Supports and resistances :
27.9000 **
27.4000 *
26.7500
25.7920 – Last price
24.8500
24.1000 *
23.4000 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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