XAGUSD is Approaching Resistance, Potential Reversal

FX:XAGUSD   Silver / U.S. Dollar
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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Stochastic near oversold level. Also there is a nice divergence between price and the indicator movement. The indicator shows lower highs while the price shows higher highs. This leaves me with an overall bearish bias. Good trading idea.
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