XAGUSD Forex Analysis for Today, Thursday (04-07-2024)
Potential BUY XAGUSD: Symmetrical Triangle Pattern
Analysis XAGUSD
US Employment Data Worsens
US unemployment claims and private sector job growth data have worsened. Activity in the services sector also fell to its lowest level in four years in June.
Symmetrical Triangle Pattern
A potential symmetrical triangle pattern is visible on the M30 time frame. Buy opportunities can be considered if this pattern is confirmed.
Prediction: Strong XAGUSD
Resistance
- R1 30.371
- R2 31.000
- R3 31.250
- R4 31.492
Support
- S1 31.000
- S2 30.500
- S3 30.000
- S4 29.500
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