XAGUSD Forex Analysis for Today, Tuesday (11-06-2024)

XAGUSD Forex Analysis for Today, Tuesday (11-06-2024)

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
JustMarkets

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.


 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *