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XAUUSD Approaching Resistance, Potential Reversal

XAUUSD is approaching its resistance at 1235 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support 1210 (100% Fibonacci extension , 50% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
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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audCADChart PatternschfEURHarmonic PatternsjpyNZDTrend AnalysisUSDXAUXAUUSD
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.
Juga di:

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