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XAGUSD approaching support, potential bounce!

Long
Silver / U.S. Dollar (OANDA:XAGUSD)  
easyMarkets Broker  
OANDA:XAGUSD   Silver / U.S. Dollar
Harmonic Patterns Trend Analysis Chart Patterns XAG USD ( Silver / US Dollar) XAG USD xagusdlong xagusdshort
47
0
harmonicpatterns trendanalysis chartpattern xagusd xag usd xagusdlong xagusdshort
Price is approaching our first support at 14.3904 (horizontal overlap support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a strong bounce above this level to our major resistance level at 14.80 (horizontal pullback resistance, 23.6% Fibonacci retracement).
Stochastic is also approaching support where we might see a corresponding bounce in price.
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