XAUUSD Approaching Support, Potential Bounce!
XAUUSD is approaching its support at 1319.71 (61.8% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1332.76 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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.
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.