XAGUUSD Forex Analysis for Today – Tuesday (05-03-2024)
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XAGUSD Seeks Another Buying Opportunity
Daily XAGUSD Analysis
Bullish Bias Continues
Prices continue to strengthen after breaking the downward trendline observed on the H1 time frame. Look for buying opportunities in case of corrections to the support area. Also, monitor the resistance area, as breaking through it could further enhance buying opportunities.
Prediction: STRONG SILVER
Resistance Levels
- R1: 23.180
- R2: 22.914
- R3: 23.363
- R4: 23.807
Support Levels
- S1: 22.914
- S2: 23.180
- S3: 22.786
- S4: 22.415
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