24 July 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 24 July 2020
Pivot point : 22.2300
Our preference : long positions above 22.2300 with targets at 23.2400 & 23.6600 in extension.
Alternative scenario : below 22.2300 look for further downside with 21.8300 & 21.4800 as targets.
Comment : the immediate trend remains up but the momentum is weak.
Supports and resistances :
24.0000 **
23.6600 *
23.2400
22.5560 – Last price
22.2300
21.8300 *
21.4800 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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