Technical Analysis (Silver) : XAG/USD 9 July 2020

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

Forex Technical Analysis : XAGUSD 9 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 9 July 2020

Pivot point : 18.5800

Our preference : long positions above 18.5800 with targets at 18.8600 & 19.0200 in extension.

Alternative scenario : below 18.5800 look for further downside with 18.3700 & 18.2200 as targets.

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

Supports and resistances :

19.2700 **
19.0200 *
18.8600
18.7710 – Last price
18.5800
18.3700 *
18.2200 **

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

Source : Trading Central

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