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XAGUSD is testing our first resistance at 14.98 (61.8% Fibonacci extension ,23.6% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop to its support at 14.36(horizontal swing high resistance, 61.8% Fibonacci extension , 78.6% Fibonacci retracement ).
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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This analysis is provided as general market commentary and does not constitute investment advice.
This analysis is provided as general market commentary and does not constitute investment advice.