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XAUUSD approaching resistance, potential drop!

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OANDA:XAUUSD   黃金現貨 / 美元
Price is approaching our first resistance (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a drop in price to our major support (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic is reversing off resistance as well.
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Losses can exceed the initial investment so please ensure you fully understand the risks.




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