XAUUSD near key support, could possibly bounce!

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XAUUSD is approaching our first support at 1274.97 (horizontal swing high resistance, 61.8% Fibonacci extension , 76.4% Fibonacci retracement ) where a strong bounce might occur pushing the price up to our major resistance at 1302.26(horizontal swing low support, , 61.8% Fibonacci retracement, 100% Fibonacci extension ). Stochastic is also approaching support.
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