Gold prices are testing support, potential bounce
Prices are facing bullish pressure from our first support which also coincides with our graphical support area and fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well, in line with our bullish bias
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.