XAGUUSD Forex Analysis for Today, Wednesday(21-02-2024)

XAGUUSD Forex Analysis for Today, Wednesday(21-02-2024)

Look for BUY Opportunities XAGUSD: Still Stalled at Support

Daily Analysis XAGUSD

Stalled at Support Area

Silver prices are still stalled in the support area on the H1 time frame. The swing low structure has not been breached, so there is still potential for a rebound as long as the support area is not validly penetrated.

Prediction: STRONG SILVER

Resistance

  • R1 23.084
  • R2 22.650
  • R3 23.239
  • R4 23.475

Support

  • S1 22.650
  • S2 23.084
  • S3 22.503
  • S4 22.092
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