XAGUSD approaching resistance, potential drop!

XAGUSD is approaching our first resistance at 15.16 (horizontal pullback resistance, 38.2% fibonacci retracement, 100% fibonacci extension, Elliot wave structure) and a strong drop might occur below this level pushing price down to our major support at 14.69 (38.2% fibonacci retracement, 100% fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
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