XAGUSD Forex Analysis for Today, Friday(05-01-2024)
https://onlineforexafrica.com/
XAGUSD Eyeing 23.100, Bullish Pattern Detected!
XAGUSD Analysis – Silver is still under pressure, but a tweezer bottom pattern is visible in the support area. There is still potential for an upward movement today.
Today’s Trading Strategy:
- BUY at the range of 22.800-22.650
- Target: 23.100-23.300
Alternative:
- SELL STOP @22.600
- Target: 22.400-22.350
Resistance Levels:
- R1 22.600
- R2 22.400
- R3 22.350
Support Levels:
- S1 22.800
- S2 22.650
- S3 23.100
- S4 23.300
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.