XAUUSD is approaching its support at 1319.71 (61.8% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1332.76 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur.
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