Market Analysis of XAGUSD on Thursday 19 SEPTEMBER 2024

2024-09-19 18:43Source:BtcDana

XAGUSD TECHNICAL ANALYSIS SHORT TERM VIEW    


 XAGUSD running in positive trend and its immediate strong support are 29.93 to 30.37 level .  Stop loss is 29.65 level and it can rise above 31.65 level minimum   because of wave 5 minimum projection .Intraday purpose buying is better for targets 31.30,31.40 and 31.65 levels respectively with stop loss 29.65 level.


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Shares in European precious-metals miners trade markedly higher as prices of gold and silver get a boost from the first Fed interest-rate cut in four years.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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