XAUUSD approaching its resistance, potential to drop!
XAUUSD approaching resistance at 1355 (100% Fibonacci extension, Elliot wave structure) where a reaction could occur, causing price to drop it its 1st support at 1344 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap support). If it breaks past this level, it could fall to its next support at 1336 (61.8% Fibonacci extension, 38.2% Fibonacci retracement). We have also identified another resistance at 1361 (100% Fibonacci extension, 61.8% Fibonacci extension, Elliot wave structure).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reaction could occur.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reaction could occur.
Trade chiuso: obiettivo raggiunto
dropped beautifully to our support! hope you guys got in on this trade!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.