XAGUSD Approaching Resistance, Potential Reversal
XAGUSD is approaching its resistance at 14.49 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is could potentially reverse down to its support at 14.30 (38.2% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could potentially occur.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could potentially occur.
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