XAGUSD Forex Analysis for Today, Friday (19-01-2024)

XAGUSD Forex Analysis for Today, Friday (19-01-2024)

XAGUSD Forex Analysis for Today, Friday (19-01-2024)

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Pullback Held at Resistance: XAGUSD Still Potential for SELL!

Daily Analysis XAGUSD

Silver Driven by Precious Metals Strength

Silver is strengthening along with the rise in precious metal prices due to the geopolitical conditions in the Middle East, prompting the market to seek safe-haven assets.

Prices Still in Downtrend

Prices are still moving in a bearish bias. The pullback that occurred still needs to encounter the resistance area. Sell signals can be sought again at the resistance area.

Prediction: WEAK SILVER


  • R1 23.000
  • R2 22.800
  • R3 23.100
  • R4 23.200


  • S1 22.800
  • S2 23.000
  • S3 22.750
  • S4 22.650

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