Get started
Silver / U.S. Dollar
Short

XAGUSD near key resistance, could possibly drop!

By Tickmill
Broker

XAGUSD is approaching our first resistance at 15.31 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.46 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.