Technical Analysis (Silver) : XAG/USD 23 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 23 July 2020

Pivot point : 22.1000

Our preference : long positions above 22.1000 with targets at 23.2500 & 24.0000 in extension.

Alternative scenario : below 22.1000 look for further downside with 21.5600 & 21.0900 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

24.7200 **
24.0000 *
23.2500
22.5300 – Last price
22.1000
21.5600 *
21.0900 **

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

Source : Trading Central

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