XAGUSD Forex Analysis for Today, Wednesday (03-07-2024)
XAGUSD Still Testing Resistance Area, Check for Sell Opportunities
Analysis XAGUSD
Market Awaits US Employment Data
The JOLTs job openings data was better than expected, but the market is still waiting for the US non-farm payrolls data at the end of this week.
Monitor Resistance Area
The price is 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 29.896
- R2 29.800
- R3 29.646
- R4 29.562
Support
- S1 29.896
- S2 29.408
- S3 29.143
- S4 28.840
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