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Silver / U.S. Dollar
Long

XAGUSD is approaching strong support, watch for a potential boun

By ICmarkets
Broker
XAGUSD is seeing strong support above 16.02 (Multiple fibonacci extensions, major 78.6% Fibonacci retracement, horiozntal swing low support area) and a strong bounce could occur at this level to push prices up to major resistance at 16.81 (Fiboancci extension, horizontal swing high resistance, fibonacci retracement).

Stochastic (55,5,3) is seeing strong support above 5.9% where a corresponding bounce could occur.
Bitcoin (Cryptocurrency)Chart PatternsForexforexsignalsGoldHarmonic PatternsSilverTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)XAUUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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