XAGUSD Forex Analysis Today – Friday(01-03-2024)

XAGUSD Forex Analysis Today – Friday(01-03-2024)

XAGUSD Forex Analysis Today – Friday(01-03-2024)

Still Possibility for Selling XAGUSD: Trendline Still Holds

Daily Analysis of XAGUSD

Downward Trendline Holding

Prices are holding the downward trendline as seen on the H1 time frame. The trend is still descending, and we can still look for confirmation of sell signals in the trendline area or in the resistance area near the trendline.

Prediction: WEAK SILVER

Resistance

  • R1 22.820
  • R2 22.701
  • R3 22.899
  • R4 22.976

Support

  • S1 22.701
  • S2 22.820
  • S3 22.606
  • S4 22.485
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