XAGUSD Forex Analysis for Today, Monday (01-07-2024)
XAGUSD Held at Resistance, Still Possible to Look for Sell Opportunities
Analysis XAGUSD
Market Awaits US Employment Data
Silver prices are awaiting the release of several important data culminating in this week’s US non-farm payrolls data.
Moving in the Resistance Area
Prices are still moving in the resistance area visible on the H1 time frame. Selling opportunities can be considered in this resistance area.
Prediction: Weak XAGUSD
Resistance
- R1 30.500
- R2 29.791
- R3 29.500
- R4 29.250
Support
- S1 29.791
- S2 28.645
- S3 28.140
- S4 27.621
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