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Or / Dollar Américain
Short

XAUUSD near key resistance, could possibly drop

Par Tickmill
Courtier

XAUUSD is approaching its resistance at 1312.95 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1287.14(61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
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Chart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDXAUXAUUSD
Tickmill
Courtier
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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