FlowState

XAGUSD approaching support, potential bounce!

Long
FX:XAGUSD   Silver / U.S. Dollar
XAGUSD is approaching our first support at 14.86 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 15.14 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic is also approaching support where we might see a corresponding bounce in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.

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