XAGUUSD Forex Analysis for Today – Thursday (25-01-2024)
Visit the website: Online Forex Africa
Failed Breakhigh Trendline: Prepare for Another SILVER SELL Opportunity!
Daily Analysis of XAGUSD
Retrace Unable to Break Through Trendline
Even though a retrace occurs towards the trendline area, the price is held back by daily resistance. Explore selling opportunities as long as the price does not breach the trendline.
Conclusion: SILVER in a Weakened State
Resistance Levels
- R1: 23.000
- R2: 22.765
- R3: 23.410
- R4: 24.270
Support Levels
- S1: 22.550
- S2: 23.000
- S3: 22.335
- S4: 21.905
Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.