Silver XAG/USD Price Action at Fibonacci Levels 15th April 2020


XAG/USD Silver Analysis
Silver XAG/USD 4 Hr Chart 
The silver previous leg was from 16.92 to 11.63 and currently at 15.53. Fibonacci retracement level 78.6 has been respected.

The 4 Hr Trending is broken. Price may retest the trendline levels at 15.70 which is a good Risk-Reward for sellers for the SL above Previous High 15.90 and Target 14.90

Bears may active for the Lower Target 14.90/14.26

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