6 April 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)
Date : 6 April 2020
Pivot point : 14.2200
Our preference : long positions above 14.2200 with targets at 14.5500 & 14.7100 in extension.
Alternative scenario : below 14.2200 look for further downside with 14.1000 & 14.0000 as targets.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances :
14.3689 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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