XAGUUSD Forex Analysis for Today, Friday(22-03-2024)
Opportunity to BUY XAGUSD NOW! Price Tests Support and Trendline!
Daily Analysis XAGUSD
Silver Corrects
Silver corrected as market participants engaged in profit-taking after the silver price rallied yesterday following the interest rate decision and Fed chair’s comments.
Test Support and Trendline
Prices appear to be testing the support and trendline area on the H1 time frame. Monitor this support area to confirm buy signals.
Prediction: STRONG XAGUSD
Resistance
- R1 24.787
- R2 24.575
- R3 24.876
- R4 25.034
Support
- S1 24.575
- S2 24.787
- S3 24.463
- S4 24.288
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