XAGUSD approaching support, potential bounce!

2 เม.ย. 2019

XAGUSD is approaching our first support at 14.8020 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance at 15.20565 (horizontal overlap resistance, 50% Fibonacci retracement) might occur.
Stochastic is also approaching support where we might see a corresponding bounce in price.
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