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Gold Spot / U.S. Dollar
Short

XAUUSD bounced off key resistance, could possibly drop!

1970

XAUUSD is approaching our first resistance at 1302.263(horizontal swing high resistance, 100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 1266.727 (horizontal swing low support, , 61.8% Fibonacci extension ). Stochastic is also approaching resistance.
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Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Also on:
Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)

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.
Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAGXAG USD ( Silver / US Dollar)
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Also on:

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.