Market Analysis of XAGUSD on Tuesday 3 September 2024

2024-09-03 12:01Source:BtcDana

Technical Analysis:
XAGUSD appears to be nearing the end of its corrective move. A break above 28.7 would confirm this, as the overall structure remains bullish. A dip towards 28.1 - 27.9 presents a good buying opportunity for a potential move towards 28.8. We should wait for price confirmation, as sellers seem to be weakening in the silver market. The structure is strong, and the bullish bias is intact, making dips a favorable buying opportunity.

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