XAGUUSD Forex Analysis for Today, Thursday(04-01-2024)

XAGUUSD Forex Analysis for Today, Thursday(04-01-2024)

XAGUUSD Forex Analysis for Today, Thursday(04-01-2024)

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XAGUSD Potential Upside, Doji Emerges!

Analysis on XAGUSD – Prices are generally under pressure, but the appearance of a doji pattern indicates reduced bearish pressure and a potential slight price increase.

Today’s Trading Strategy:

  • BUY in the range of 22.979-22.800
  • Target: 23.200-23.400
  • Alternative:
    • SELL STOP @22.800
    • Target: 22.700-22.600

Resistance Levels

  • R1 22.800
  • R2 22.700
  • R3 22.600

Support Levels

  • S1 22.979
  • S2 22.800
  • S3 23.200
  • S4 23.400
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Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.


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