XAUUSD, H4 has bounced from our Pivot, potential for a rise.
Description
Price is bouncing from our Pivot point at 1776.94 which is in line with 61.8% fibonacci retracement, 78.6% fibonacci extension, ascending trendline and horizontal graphical overlap. We could potentially see a rise from our Pivot point towards our 1st resistance level at 1808.98 which is in line with -27% fibonacci retracement and 78.6% fibonacci extension. Do note that price is trending above the Ichimoku cloud in line with our bullish analysis.
Pivot: 1776.94
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension, ascending trendline and horizontal graphical overlap
1st Support: 1764.22
Why we like it:
127% fibonacci extension and horizontal swing low support
1st Resistance: 1808.98
Why we like it:
-27% fibonacci retracement and 78.6% fibonacci extension
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point at 1776.94 which is in line with 61.8% fibonacci retracement, 78.6% fibonacci extension, ascending trendline and horizontal graphical overlap. We could potentially see a rise from our Pivot point towards our 1st resistance level at 1808.98 which is in line with -27% fibonacci retracement and 78.6% fibonacci extension. Do note that price is trending above the Ichimoku cloud in line with our bullish analysis.
Pivot: 1776.94
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension, ascending trendline and horizontal graphical overlap
1st Support: 1764.22
Why we like it:
127% fibonacci extension and horizontal swing low support
1st Resistance: 1808.98
Why we like it:
-27% fibonacci retracement and 78.6% fibonacci extension
Trading FX & CFDs carries high risk.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.