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XAUUSD Approaching Support, Potential Bounce!

Oleh ICmarkets
Broker
XAUUSD approaching support at 1181 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce up to its resistance at 1194 (38.2% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 2.3% where a corresponding bounce could occur.
audCADChart PatternsGBPGoldHarmonic 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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