Technical Analysis (Silver) : XAG/USD 8 July 2020

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

Forex Technical Analysis : XAGUSD 8 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 8 July 2020

Pivot point : 18.1400

Our preference : long positions above 18.1400 with targets at 18.4400 & 18.5200 in extension.

Alternative scenario : below 18.1400 look for further downside with 18.0600 & 17.9700 as targets.

Comment : the RSI lacks downward momentum.

Supports and resistances :

18.6200 **
18.5200 *
18.4400
18.2945 – Last price
18.1400
18.0600 *
17.9700 **

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.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%