Argento / DollaroShort
XAGUSD Approaching Resistance, Potential Reversal
XAGUSD is approaching its resistance at 14.71 (61.8% & 100% Fibonacci extension, 23.6% & 78.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse to its support at 14.43 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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