XCUUSD facing bearish pressure from 1st resistance !

٥ نوفمبر ٢٠٢٠

Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure as well, in line with our bearish bias.