easyMarkets

XAUUSD reacted off our resistance, further potential drop!

Viés de baixa
FX_IDC:XAUUSD   Ouro/Dólar Americano
XAUUSD reacted off our first resistance at 1348.66 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension). A strong drop might occur below this level, pushing price down to our major support at 1332.49 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).

Stochastic (34,5,3) has also reacted off our major resistance which might be a good precursor for a potential drop in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Come join us today at : www.easymarkets.com/
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.