XAGUSD H1 | Bearish reversal off pullback resistanceSilver (XAG/USD) is reacting off the sell entry, which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could drop from this level to the take profit.
Sell entry is at 40.96, which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement.
Stop loss is at 41.37, which is a swing high resistance that lines up with the 161.8% Fibonacci extension.
Take profit is at 40.22, which is a pullback support.
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