Technical Analysis (Silver) : XAG/USD 13 July 2020

13 July 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 13 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 13 July 2020

Pivot point : 17.7000

Our preference : long positions above 17.7000 with targets at 19.6500 & 20.2500 in extension.

Alternative scenario : below 17.7000 look for further downside with 17.1000 & 16.6000 as targets.

Comment : the RSI is bullish and calls for further upside.

Supports and resistances :

21.1000 **
20.2500 *
19.6500
18.8987 – Last price
17.7000
17.1000 *
16.6000 **

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

Source : Trading Central

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