XAUUSD Bounced Off Support, Prepare For A Further Rise

١٤ فبراير ٢٠١٩

XAUUSD bounced nicely off its support at 1303.98 (horizontal swing low support, 61.8% fibonacci extension , 23.6% fibonacci retracement ) where it could potentially bounce to its resistance at 1317.43 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement ).
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.

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