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XAUUSD Approaching Resistance, Potential Reversal

XAUUSD is approaching its resistance at 1208 (100% & 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could reverse to its support at 1197 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 96% where it a corresponding reversal could occur.
ICmarkets
Corretora
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.
Também em:
audCADChart PatternsGBPHarmonic PatternsjpyTrend AnalysisUSDXAUXAUUSDxauusdshort
ICmarkets
Corretora
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.
Também em:

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