XAGUUSD Forex Analysis – Friday(15-03-2024)

XAGUUSD Forex Analysis – Friday(15-03-2024)

XAGUUSD Forex Analysis for Today – Friday(15-03-2024)

Opportunity to BUY XAGUSD From Correction, CHECK NOW!

Daily Analysis XAGUSD

US PPI Data Higher Than Expected

US PPI data released higher than expected, causing a reduction in expectations for the Fed to accelerate interest rate cuts. USD strengthened followed by a correction in silver prices.

Correction Approaching Support

XAGUSD corrected towards the support area. Buying opportunities can be sought in that support area as long as prices do not break below the support area.

Prediction: STRONG SILVER

Resistance

  • R1 24.673
  • R2 24.429
  • R3 24.801
  • R4 24.995

Support

  • S1 24.429
  • S2 24.673
  • S3 24.348
  • S4 24.212
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