XAUUSD approaching support, potential bounce!
XAUUSD is approaching our first support at 1266.27 (100% Fibonacci extension) where we might be seeing a bounce to our first resistance at 1281.19 (61.8% Fibonacci extension). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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.