XAUUSD is approaching our first support at 1269.51(61.8% Fibonacci extension , horizontal swing low support, 78.6% Fibonacci retracement ) where we might be seeing a bounce to our first resistance at 1295.84(61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal swing high resistance). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Feragatname
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