XAUUSD Approaching Support, Potential Bounce
XAUUSD is approaching its support at 1298.44 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1312.27 (50% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
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