XAGUSD near key resistance, could possibly drop


XAGUSD is approaching its resistance at 14.66 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 14.30 (78.6% Fibonacci retracement,61.8% Fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
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forexsignalsHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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