XAU/USD broke out of trend line | 9 June 2020
Price is facing bullish pressure from our support, in line with our 78.6% extension and 23.6% retracement where we could see a bounce to our first resistance level . RSI is showing signs of bullish pressure as well.
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Related publications
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.