
XAGUSD 15 Mar 2024. In this analysis of XAGUSD on the daily timeframe, the commodity appears to be above the Kumo Cloud on the Ichimoku Indicator, signaling a strong bullish trend. Although it may have been bearish last week, the pair is now showing signs of returning to a bullish trend. This is supported by the Stochastic Indicator showing a rising graph, indicating positive price momentum. Therefore, the go-long option can be considered by traders. However, it’s important to remember that markets can change quickly, so stay alert to volatility and changing market conditions that may occur.