Get started
Silver / U.S. Dollar
Long

XAGUSD near key support could possibly bounce

By Tickmill
Broker

XAGUSD is approaching our first support at 14.36 (horizontal swing high resistance, 61.8% Fibonacci extension , 78.6% Fibonacci retracement ) where a strong bounce might occur pushing the price up to our major resistance at 14.98(horizontal swing low support, ,38.2% Fibonacci retracement, 100% Fibonacci extension ). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.