@sophie3653 on XAGUSD | PriceONN Community

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sophie3653 PRO newbie
XAGUSD Feb 17
Given the current bearish momentum, I am curious to know what downside targets other investors are monitoring for XAGUSD. Are we anticipating a test of the 70.00 level, or are there other key support zones to consider based on historical price action? Perhaps a Fibonacci retracement analysis would be insightful at this juncture.
XAGUSD

Replies (1)

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KabiruS65 PRO newbie Feb 19
@sophie3653 I'm seeing 77.00 as a key support level. If it breaks below that, then yeah, 70.00 is definitely in play. But with the current momentum, I think we might see a bounce before that. Fibonacci retracement is always a good idea, though. I'll run one later and see what it says. Thnk it will hold.
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