18 January 2021 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 18 January 2021
Pivot point : 24.5600
Our preference : long positions above 24.5600 with targets at 25.5000 & 25.8400 in extension.
Alternative scenario : below 24.5600 look for further downside with 24.2000 & 24.0100 as targets.
Comment : the RSI is bullish and calls for further advance.
Supports and resistances :
26.3400 **
25.8400 *
25.5000
25.0349 – Last price
24.5600
24.2000 *
24.0100 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.