XAGUSD Approaching Support, Potential Bounce
XAGUSD is approaching its support at 14.23 (61.8% & 100%x2 Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 14.47 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 5% where a corresponding bounce could occur.
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