4 September 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 4 September 2020
Pivot point : 27.0500
Our preference : short positions below 27.0500 with targets at 26.3500 & 26.0000 in extension.
Alternative scenario : above 27.0500 look for further upside with 27.3900 & 27.7000 as targets.
Comment : the RSI is bearish and calls for further decline.
Supports and resistances :
27.7000 **
27.3900 *
27.0500
26.7000 – Last price
26.3500
26.0000 *
25.7000 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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