XAUUSD reversed nicely off its resistance, potential drop!
XAUUSD reversed nicely off its resistance at 1331 (23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1321 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support).
Stochastic (34, 5, 3) reversed nicely off its resistance at 94% where it still has a lot of downside potential.
Stochastic (34, 5, 3) reversed nicely off its resistance at 94% where it still has a lot of downside potential.
Trade closed: target reached
nice xauusd reached our profit target! :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.