16 July 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 16 July 2020
Pivot point : 19.3800
Our preference : short positions below 19.3800 with targets at 19.1000 & 18.9700 in extension.
Alternative scenario : above 19.3800 look for further upside with 19.4700 & 19.5700 as targets.
Comment : the RSI calls for a new downleg.
Supports and resistances :
19.5700 **
19.4700 *
19.3800
19.2270 – Last price
19.1000
18.9700 *
18.8500 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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