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XAGUSD is Approaching Resistance, Potential Reversal

Short
Silver / U.S. Dollar (FX:XAGUSD)  
ICmarkets Broker  
FX:XAGUSD   Silver / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns XAG USD ( Silver / US Dollar) XAG USD XAU Silver GBP CAD aud NZD
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trendanalysis harmonicpatterns chartpattern xagusd xag usd xau silver gbp cad aud nzd
XAGUSD is approaching its resistance at 14.51 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse to its support at 14.28 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is approaching its support at 92% where a corresponding reversal could occur.

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