XAUUSD Testing Resistance, Potential Reversal
XAUUSD is testing its resistance at 1259 (61.8% & 23.6% Fibonacci retracement, horizontal swing high resistance) where we a reversal could occur, causing price to fall to its support at 1238 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 93% where a reversal could occur.
Stochastic (55, 5, 3) is approaching resistance at 93% where a reversal could occur.
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