XAGUUSD forex analysis for today, Wednesday(24-04-2024)

XAGUUSD forex analysis for today, Wednesday(24-04-2024)

XAGUUSD forex analysis for today, Wednesday(24-04-2024)

Check Selling Opportunities Now! XAGUSD Held by Resistance! Daily XAGUSD Analysis Decrease in Middle East Tensions Decreasing tensions in the Middle East after Iran stated not planning to retaliate against Israel, limited the rise in precious metal prices despite weak US manufacturing data weakening the USD. Furthermore, the expectation of a delay in the Fed interest rate cut schedule still has the potential to press down silver prices. Look for Sells in Resistance Area Silver price movement is held in the resistance area. Selling opportunities can still be sought if there is confirmation of bearish signals in 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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