XAGUUSD Forex Analysis for Today – Thursday(14-03-2024)
Rally XAGUSD Held at Resistance, Opportunity to Seize SELL!
Daily Analysis XAGUSD
Weak Dollar, Silver Soars
Silver prices were lifted by the weakening USD as the market still holds hopes that the Fed will cut interest rates not in June, despite high US inflation.
Consolidated Prices
Rally XAUUSD was held at the resistance area formed from the consolidation area. Selling opportunities can be sought in that resistance area as long as prices do not break above resistance.
Prediction: WEAK SILVER
Resistance
- R1 25.088
- R2 24.914
- R3 25.195
- R4 25.302
Support
- S1 24.914
- S2 25.088
- S3 24.835
- S4 24.675
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