XAGUSD Forex Analysis – Monday (04-03-2024)

XAGUSD Forex Analysis – Monday (04-03-2024)

XAGUSD Forex Analysis for Today – Monday (04-03-2024)

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Breaking the Trendline, XAGUSD Seeks Buy Opportunities

Daily Analysis XAGUSD

Downward Trendline Broken

The price has broken the downward trendline observed on the H1 time frame. Look for buy opportunities if there is a correction back to the support area.

Prediction: STRONG SILVER

Resistance Levels

  • R1: 22.792
  • R2: 22.393
  • R3: 22.977
  • R4: 23.178

Support Levels

  • S1: 22.393
  • S2: 22.792
  • S3: 22.250
  • S4: 21.993
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