XAG/USD Approaching Resistance, Prepare For A Reversal

XAG/USD is approaching its resistance at 14.49 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 14.30 (38.2% Fibonacci retracement).

Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.

XAG/USD is approaching its resistance where we expect to see a reversal.

Sell below 14.49. Stop loss 14.66. Take profit at 14.30.

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