XAUUSD Approaching Resistance, Potential Reversal!
XAUUSD is approaching its resistance at 1310.32 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 1288.98 (50% Fibonacci retracement, Horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
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