20 August 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 20 August 2020
Pivot point : 26.5700
Our preference : long positions above 26.5700 with targets at 27.4900 & 28.0300 in extension.
Alternative scenario : below 26.5700 look for further downside with 26.3000 & 25.8000 as targets.
Comment : the RSI calls for a rebound.
Supports and resistances :
28.4600 **
28.0300 *
27.4900
27.2990 – Last price
26.5700
26.3000 *
25.8000 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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