XAGUSD Approaching Resistance, Potential Reversal
XAGUSD is approaching its resistance at 15.99 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse to its support at 15.59 (23.6% Fibonacci retracement, Horizontal pullback support 50% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
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