XAUUSD Approaching Resistance, Potential Reversal!
XAUUSD is approaching its resistance at 1303.02 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 1290.17 (horizontal swing low support).
RSI(34, 5, 3) is approaching its overlap resistance where a corresponding reversal is expected.
RSI(34, 5, 3) is approaching its overlap resistance where a corresponding reversal is expected.
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Disclaimer
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.