XAGUUSD forex analysis for today, Monday(13-05-2024)

XAGUUSD forex analysis for today, Monday(13-05-2024)

Get Ready to BUY XAGUSD! Price Correcting to Support!

Analysis XAGUSD

Silver Lifted by China’s Optimism

Silver prices are lifted by improving demand and expectations of actual demand growth from China.

Correction to Support Area and Trendline

A correction is occurring near the support area and trendline on the H1 time frame. Buying opportunities can be sought in that trendline and support area.



  • R1 27.951
  • R2 27.646
  • R3 28.238
  • R4 28.461


  • S1 27.986
  • S2 27.951
  • S3 27.410
  • S4 27.251

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