31 August 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 31 August 2020
Pivot point : 27.5000
Our preference : long positions above 27.5000 with targets at 28.3000 & 28.7500 in extension.
Alternative scenario : below 27.5000 look for further downside with 27.1500 & 26.8000 as targets.
Comment : the RSI is bullish and calls for further upside.
Supports and resistances :
29.0000 **
28.7500 *
28.3000
28.0305 – Last price
27.5000
27.1500 *
26.8000 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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