Technical Analysis (Silver) : XAG/USD 27 July 2020

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

Forex Technical Analysis : XAGUSD 27 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 27 July 2020

Pivot point : 23.2500

Our preference : long positions above 23.2500 with targets at 24.8000 & 25.3000 in extension.

Alternative scenario : below 23.2500 look for further downside with 22.9200 & 22.4300 as targets.

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

Supports and resistances :

25.8000 **
25.3000 *
24.8000
23.9812 – Last price
23.2500
22.9200 *
22.4300 **

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

Source : Trading Central

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