XAUUSD is seeing a further bounce !
Price is facing bullish pressure from our first support, in line with our 23.6% fibonacci retracement and horizontal overlap support where we could see a further bounce above this level.Take note that the Ichiomku cloud and 20 period EMA are showing signs of bearish pressure .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname
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