XAGUUSD Forex Analysis for Today, Monday(15-04-2024)

XAGUUSD Forex Analysis for Today, Monday(15-04-2024)

XAGUUSD Forex Analysis for Today, Monday(15-04-2024)

Potential to BUY XAGUSD: Pull Back at Support Area, Continuing Upward Trend!

Daily Analysis XAGUSD

Increasing Unrest, Silver Still in Demand

With the increasing geopolitical unrest between Iran and Israel over the past weekend, silver is still sought after as a safe-haven asset for market participants seeking security in turbulent times.

Pull Back at Support Area.

Prices will continue their upward trend when viewed from the pullback at the support area on the H4 time frame. Buying opportunities are available at the nearest support area as long as prices do not break below that level.



  • R1 27.796
  • R2 27.279
  • R3 28.373
  • R4 28.657


  • S1 27.279
  • S2 27.796
  • S3 26.929
  • S4 26.586

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