24 June 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 24 June 2020
Pivot point : 17.7700
Our preference : long positions above 17.7700 with targets at 18.0700 & 18.1600 in extension.
Alternative scenario : below 17.7700 look for further downside with 17.6400 & 17.5300 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
18.3000 **
18.1600 *
18.0700
17.8630 – Last price
17.7700
17.6400 *
17.5300 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.