XAUUSD approaching support, potential bounce!
XAUUSD is approaching our first support at 1215.87 (horizontal overlap support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1238.09 (horizontal pullback resistance, 38.2% Fibonacci retracement).
RSI (55) is also seeing a bullish exit and Ichimoku cloud is also showing signs of bullish pressure where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI (55) is also seeing a bullish exit and Ichimoku cloud is also showing signs of bullish pressure where we might see a corresponding bounce in price.
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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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。