XAUUSD Reversed Off Resistance, Potential Drop!
XAUUSD reversed off its resistance at 1311.2 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is could drop further to its support at 1298.14 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
Stochastic (89, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
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