Technical Analysis (Silver) : XAG/USD 22 July 2020

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

Forex Technical Analysis : XAGUSD 22 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 22 July 2020

Pivot point : 21.5500

Our preference : long positions above 21.5500 with targets at 23.0000 & 23.6000 in extension.

Alternative scenario : below 21.5500 look for further downside with 21.1000 & 20.5400 as targets.

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

Supports and resistances :

24.2000 **
23.6000 *
23.0000
22.3210 – Last price
21.5500
21.1000 *
20.5400 **

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

Source : Trading Central

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