XAUUSD is approaching its resistance at 1328.93(100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1310.26(61.8% Fibonacci retracement,23.6% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
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