Klimex

XAGUSD Approaching Resistance, Potential Reversal

Short
FX_IDC:XAGUSD   Silver / U.S. Dollar
XAGUSD is approaching its resistance at 14.90 (100% Fibonacci extension , horizontal swing high resistance) where it could potentially reverse to its support at 14.65 (61.8% Fibonacci extension , 23.6% Fibonacci retracement).

Stochastic (89, 5, 3) is approaching its resistance at 92% where a corresponding reversal could occur. 
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