XAGUSD is approaching strong support, watch for a potential boun
XAGUSD is seeing strong support above 16.02 (Multiple fibonacci extensions, major 78.6% Fibonacci retracement, horiozntal swing low support area) and a strong bounce could occur at this level to push prices up to major resistance at 16.81 (Fiboancci extension, horizontal swing high resistance, fibonacci retracement).
Stochastic (55,5,3) is seeing strong support above 5.9% where a corresponding bounce could occur.
Stochastic (55,5,3) is seeing strong support above 5.9% where a corresponding bounce could occur.
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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.