XAGUSD Forex Analysis – Today, Friday(23-02-2024)

XAGUSD Forex Analysis – Today, Friday(23-02-2024)

XAGUSD Forex Analysis for Today – Friday(23-02-2024)

Opportunity to BUY XAGUSD: Potential Bullish Flag

Daily Analysis XAGUSD

US Economic Data Quite Robust

Silver prices corrected last night after unemployment claims data showed that the US economy remains quite robust, while the market awaits other economic data to guide the Fed’s next steps.

Potential Bullish Flag Pattern

Price movement appears to be forming a potential bullish flag pattern on the H1 time frame.



  • R1 23.197
  • R2 22.890
  • R3 23.371
  • R4 23.490


  • S1 22.522
  • S2 22.890
  • S3 22.375
  • S4 22.181

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