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XAGUSD approaching support, potential bounce!

Long
Silver / U.S. Dollar (OANDA:XAGUSD)  
easyMarkets Broker  
OANDA:XAGUSD   Silver / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns XAG USD ( Silver / US Dollar) XAG USD xagusdlong xagusdshort Forex forextrading forexsignals
45
0
trendanalysis harmonicpatterns chartpattern xagusd xag usd xagusdlong xagusdshort forex forextrading forexsignals
Price is approaching our first support (horizontal overlap support, 78.6% Fibonacci extension, 100% Fibonacci retracement) where we might see a bounce in price to our major resistance (23.6% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

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