XAUUSD Approaching Support, Potential Bounce!
XAUUSD is approaching its support at 1267.64 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 1285.80 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
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