XAGUUSD Forex Analysis for Today, Thursday(28-03-2024)
Still Looking to Sell XAGUSD, Monitor Nearest Resistance!
Daily Analysis XAGUSD
Two-Week Low
Silver prices fell to a two-week low on Wednesday. The release of US economic data tonight is projected to support the strengthening of the Dollar, which could pressure silver prices below $24.00.
Breaking Triangle Pattern
Prices are consolidating after breaking the triangle pattern on the H1 timeframe. Look for another opportunity to sell in the nearest resistance area.
Prediction: WEAK XAGUSD
Resistance
- R1 24.845
- R2 24.611
- R3 24.987
- R4 25.138
Support
- S1 24.611
- S2 24.845
- S3 24.369
- S4 24.246
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