XAUUSD is approaching our support zone 1206-1213$ (61,8% - 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to resistance at 1240.00 and next resistance 1265.00
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.