XAUUSD approaching support, potential bounce!

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XAUUSD is approaching our first support at 1212.03 (horizontal swing low support, 23.6% Fibonacci retracement where a strong bounce might occur below this level pushing price up to our major resistance at 1233.42 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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