XAGUUSD Forex Analysis for Today, Monday(25-03-2024)
Check SELL OPPORTUNITY for XAGUSD NOW! Price Breaks Trendline!
Daily Analysis XAGUSD
Silver Corrects
Silver is still under pressure following profit-taking conducted last Friday after experiencing a rally following the interest rate decision and Fed chair’s comments.
Trendline Breaks
Prices appear to be breaking the trendline seen on the H1 time frame. A pullback occurs to the resistance area, and a tweezer top pattern emerges.
Prediction: WEAK XAGUSD
Resistance
- R1 24.992
- R2 24.728
- R3 25.134
- R4 25.259
Support
- S1 24.728
- S2 24.992
- S3 24.620
- S4 24.403
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