XAUUSD Bounced Off Support, Potential For A Further Rise

XAUUSD bounced nicely off its support at 1193(100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1204 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is bounced off its support at 5.6% where a corresponding rise could occur.
audCADChart PatternschfEURHarmonic PatternsjpyTrend AnalysisUSDXAUXAUUSDxauusdlong

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.
Anche su:

Declinazione di responsabilità