Silver approaching major support, potential bounce!
XAGUSD is approaching major support at 16.15 (Fibonacci extension, fibonacci retracement, horizontal overlap support) and a stronb bounce could occur at this level to push price up to 16.90 resistance (Fibonacci retracement, horizontal overlap resistance).
We also notice that stochastic is bouncing really nicely with price at the 4.5% support level and we're fast approaching that level once again, which could lead to a corresponding bounce.
We also notice that stochastic is bouncing really nicely with price at the 4.5% support level and we're fast approaching that level once again, which could lead to a corresponding bounce.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.