XAGUUSD forex analysis for today, Thursday(09-05-2024)

XAGUUSD forex analysis for today, Thursday(09-05-2024)

Selling Opportunity XAGUSD: TRIPLE Top Potential

Analyze XAGUSD

Strength of USD Casts Shadow over Silver

Silver prices dropped yesterday as the USD strengthened, supported by the recovery of US bond yields.

Triple Top Potential

A potential triple top pattern is visible on the H1 time frame, with prices nearing the resistance area. Look for selling opportunities in that resistance area.

Prediction: WEAK XAGUSD

  • Resistance
    • R1 27.552
    • R2 27.405
    • R3 27.639
    • R4 27.718
  • Support
    • S1 27.405
    • S2 27.552
    • S3 27.288
    • S4 27.127



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.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *