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XAGUSD near key resistance, could possibly drop

815

XAGUSD is approaching its resistance at 14.97(100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 14.62 (38.2% Fibonacci retracement,61.8% Fibonacci extension, horizontal pullback
support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)

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Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.