XAGUSD Forex Analysis for Today, Friday (28-06-2024)
XAGUSD Stuck at Resistance, Look for SELL Opportunities
XAGUSD Analysis
Market Awaits US PCE Data
Mixed US economic data has also stalled USD gains, leaving silver prices relatively stable. Today, the market awaits the US Core PCE Price Index data, which the Fed also monitors to determine monetary policy.
Stuck at Resistance
Prices remain held at the resistance area seen in the H1 time frame. SELL opportunities can be found in this resistance area.
Prediction: WEAK XAGUSD
Resistance
- R1 30.500
- R2 30.000
- R3 29.791
- R4 29.500
Support
- S1 29.791
- S2 28.645
- S3 28.140
- S4 27.621
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.