
Uniglobe Markets
June 2, 2025 at 06:46 AM
*XAG/USD Technical Overview*
Silver (XAGUSD) is oscillating within a range, with no decisive trend direction. Price is trading around the 33.15 level, and a breakout is needed to establish clear direction.
Support and Resistance Levels
• Support: 32.90, 32.60
• Resistance: 33.25, 33.50
Buy and Sell Scenarios
• Buy Scenario: Sustained price action above 33.25 could push toward 33.50.
• Sell Scenario: Rejection below 33.25 may lead to a drop toward 32.90.
