XAUUSD bouncing from our Pivot point, potential for a rise.
Description
Price is bouncing from our Pivot point at 1929.93 which is in line with our 23.8%, 23.8% and -27% Fibonacci retracement. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1969.79, which is in line with -27%, -27% and -68% fibonacci retracement. It is worth noting that price is trending above the Ichimoku cloud, in line with our bullish analysis.
Pivot: 1929.93
Why we like it:
23.8%, 23.8% and -27% Fibonacci retracement
1st Support: 1902
Why we like it:
-27%, -27% and -68% fibonacci retracement
1st Resistance: 1969.79
Why we like it:
50%, 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point at 1929.93 which is in line with our 23.8%, 23.8% and -27% Fibonacci retracement. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1969.79, which is in line with -27%, -27% and -68% fibonacci retracement. It is worth noting that price is trending above the Ichimoku cloud, in line with our bullish analysis.
Pivot: 1929.93
Why we like it:
23.8%, 23.8% and -27% Fibonacci retracement
1st Support: 1902
Why we like it:
-27%, -27% and -68% fibonacci retracement
1st Resistance: 1969.79
Why we like it:
50%, 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.