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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

XAGUSD 5.6.2024

Technical Analysis
Wednesday, June 05, 2024 - 13:07
Point Trader Group
XAGUSD 5.6.2024

General trend: down.
Expected scenario:
The pair was able to break the $30 level, which could push it further down to $28.33.
Alternative scenario:
The scenario turns into an upward trend with the price returning to trade above $30, targeting $31.30.
The most important levels
resistance:
30.00 - 31.30
support:
28.33 - 28.00

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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