XAUUSD approaching support, potential bounce!

By Tickmill
Broker
XAUUSD is approaching our first support at 1266.27 where we might be seeing a bounce to our first resistance at 1281.19. Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsHarmonic PatternsTrend AnalysisUSDXAUXAUUSDxauusdlongxauusdshort
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

Disclaimer