Technical Analysis (Silver) : XAG/USD 21 July 2020

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

Forex Technical Analysis : XAGUSD 21 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 21 July 2020

Pivot point : 19.9400

Our preference : long positions above 19.9400 with targets at 20.6000 & 20.7400 in extension.

Alternative scenario : below 19.9400 look for further downside with 19.8300 & 19.6800 as targets.

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

Supports and resistances :

20.9000 **
20.7400 *
20.6000
20.2600 – Last price
19.9400
19.8300 *
19.6800 **

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

Source : Trading Central

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