XAGUSD approaching support, potential bounce!

3 Nis 2019

XAGUSD is approaching our first support at 14.8020 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 15.2117 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic is also approaching support.
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