XAGUSD Forex Analysis for Today, Tuesday (11-06-2024)
Check SELL Opportunities for XAGUSD: Moving in Trendline Area
XAGUSD Analysis
Silver Steady, Market Awaits Inflation Data
Silver prices are steady as the market awaits inflation data ahead of the Fed’s interest rate announcement. Inflation data will be a key reference for the Fed in setting future monetary policy.
Sell in Trendline and Resistance Area
Prices are still moving in the descending trendline area visible on the H1 time frame. Sell opportunities can be sought in the trendline area and the resistance area close to it.
Forecast: WEAK XAGUSD
Resistance Levels
- R1 30.987
- R2 30.177
- R3 31.376
- R4 31.757
Support Levels
- S1 29.389
- S2 30.177
- S3 29.055
- S4 28.640

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