XAGUSD approaching resistance, potential drop!

OANDA:XAGUSD   Silver / U.S. Dollar
Price is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension , 38.2% Fibonacci retracement ) where a strong drop to our first support (horizontal swing low support, 50% Fibonacci retracement ) might occur.
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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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