XAGUSD Forex Analysis for Today – Tuesday (14-05-2024)
https://onlineforexafrica.com/XAGUSD Still Testing Trendline, Get Ready to Look for BUY!
XAGUSD Analysis
Optimism from China Data Still Supports Silver
Silver prices are lifted by improving demand and expectations of actual demand growth from China.
Correction to the Support and Trendline Area
A correction is occurring near the support area and trendline on the H1 time frame. Buying opportunities can be sought in the trendline and support area.
Prediction: STRONG XAGUSD
Resistance Levels
- R1 28.183
- R2 27.841
- R3 28.308
- R4 28.456
Support Levels
- S1 27.841
- S2 28.183
- S3 27.697
- S4 27.525
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