XAUUSD approaching support, potential bounce!

XAUUSD is approaching our first support at 1283.93 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur to our first resistance at 1300.42 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic is also approaching support where we might see a corresponding bounce in price.
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