XAGUUSD Forex Analysis for Today, Tuesday(23-04-2024)

XAGUUSD Forex Analysis for Today, Tuesday(23-04-2024)

XAGUUSD Forex Analysis for Today, Tuesday(23-04-2024)

Get Ready to SELL! XAGUSD Changes Direction!

Daily Analysis of XAGUSD

Silver Price Dragged Down by Gold Weakness

The decline in precious metals prices like gold due to reduced concerns about the impact of the Iran-Israel conflict also dragged down the price of silver.

Look for Sell Opportunities at Resistance Area

Prices are under pressure. Sell opportunities can still be sought if there is a pullback to the resistance area.

Prediction: WEAK XAGUSD

Resistance

  • R1 28.109
  • R2 27.207
  • R3 28.373
  • R4 28.952

Support

  • S1 27.207
  • S2 28.109
  • S3 27.002
  • S4 26.749
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