XAUUSD Approaching Support, Potential Bounce
XAUUSD is approaching its support at 1233.53 (61.8% Fibonacci extension , 50% & 38.2% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 1245.25 (50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 2.3% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 2.3% where a corresponding bounce could occur.
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