Klimex
Short

XAGUSD Approaching Resistance, Potential Reversal

FX_IDC:XAGUSD   Silver / U.S. Dollar
XAGUSD is approaching its resistance at 15.61 (50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 15.03 (38.2% Fibonacci retracement , horizontal pullback support).

Stochastic (89, 5, 3) is approaching its resistance at 100% where a corresponding reversal could occur.

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