XAGUSD is testing our first resistance at 14.98 (61.8% Fibonacci extension,23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 14.36(horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.