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XAUUSD is testing 1st support again, further bounce !

Oleh Tickmill
Broker
Price is facing bullish pressure from our first support, in line with our 38.2% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level. Ichimoku cloud is showing signs of bullish pressure .
Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAUXAUUSD
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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