XAGUSD approaching support, potential bounce!

Price is approaching our first support (horizontal overlap support, 78.6% Fibonacci extension, 100% Fibonacci retracement) where we might see a bounce in price to our major resistance (23.6% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Chart PatternsForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)xagusdlongxagusdshort
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