XAGUSD Forex Analysis for Today, Friday (17-05-2024)

XAGUSD Forex Analysis for Today, Friday (17-05-2024)

XAGUSD Forex Analysis for Today, Friday (17-05-2024)

XAGUSD Held at Resistance, Monitor for BUY If Resistance Breaks!

XAGUSD Analysis

Silver Awaits Further Momentum

Silver prices have paused despite USD strengthening and a correction in gold prices.

Monitor Resistance Area

Prices are still held at the resistance area in the H1 time frame. A breakout above the resistance will increase buy opportunities.



  • R1 29.956
  • R2 29.249
  • R3 30.249
  • R4 30.633


  • S1 29.249
  • S2 29.956
  • S3 29.023
  • S4 28.763

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *