Silver XAGUSD Price Analysis Today 4 March 2024

Silver XAGUSD Price Today 4 March 2024


 Silver XAGUSD prices experienced sideways movement during the past week despite an increase towards the end of the week.


Silver XAGUSD Price Today 4 March 2024
Silver XAGUSD Price Today 4 March 2024

  1. Silver XAGUSD Price Today 4 March 2024
  2. Silver XAGUSD Price Analysis Today 4 March 2024 1D Time frame
  3. Silver XAGUSD Price Analysis Today 4 March 2024 4H Time frame
  4. Silver XAGUSD Price Entry trade

1.Silver XAGUSD Price Today 4 March 2024

Today, March 4, 2024, the current price of silver XAGUSD  is at $23.126 per ounce. The highest price today is $23.35 and the lowest is $22.79.

2.Silver XAGUSD Price Analysis Today 4 March 2024 1D Time frame

In the daily timeframe, as depicted in the chart below, there is a recurring upward movement in silver prices XAGUSD near strong daily demand zones around the level of $22.44. Therefore, I anticipate further continuation of the upward movement in silver prices XAGUSD against the US dollar today, March 4, 2024.

Silver XAGUSD Price Analysis Today 4 March 2024 1D Time frame
Silver XAGUSD Price Analysis Today 4 March 2024 1D Time frame

3.Silver XAGUSD Price Analysis Today 4 March 2024 4H Time frame

In the four-hour timeframe, silver prices XAGUSD have breached a descending price channel to the upside, with an attempt to retest before continuing the upward movement. The expected target is for prices to rise to the $24 per ounce level.

Silver XAGUSD Price Analysis Today 4 March 2024 4H Time frame
Silver XAGUSD Price Analysis Today 4 March 2024 4H Time frame

4.Silver XAGUSD Price Entry trade

Buy limit: 22,80
Stop loss: 22,54
Take Profit: 24




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