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Gold Spot / U.S. Dollar
Long

XAUUSD Bounced Off Support, Potential Rise!

By ICmarkets
Broker
XAUUSD bounced off its support at 1215 (61.8% & 100% Fibonacci extension, horizontal swing low support) where price could rise its resistance at 1224 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 3.5% where a corresponding rise could occur.
Chart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSDXAUXAUUSDxauusdlong
ICmarkets
Broker
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.
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