Silver / U.S. DollarShort
XAGUSD near key resistance, could possibly drop!
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
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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.