XAGUSD Forex Analysis for Today, Monday (15-07-2024)
Look for BUY Opportunities in XAGUSD: Price Held at Support
Analysis XAGUSD
Indian Demand Expected to Rise
Silver demand is anticipated to increase, especially from India over the next few weeks due to the demand for the Dussera and Dhanteras festivals next month.
Held at Support Area
Prices are held at the support area visible on the H1 time frame. Buying opportunities can be sought in this support area.
Forecast: STRONG XAGUSD
Resistance
- R1 30.073
- R2 30.943
- R3 31.316
- R4 31.739
Support
- S1 30.000
- S2 30.500
- S3 31.000
- S4 31.500
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