01.06.202005:52 Forex Analysis & Reviews: XAU/USD facing bullish pressure from support, potential for further upside

Trading Recommendation

Entry: 1725.36

Reason for Entry: horizontal overlap support, 100% fibonacci extension, 38.2% fibonacci retracement, ascending support line

Take Profit: 1765.23

Reason for Take Profit: Horizontal swing high resistance

Stop Loss: 1709.16

Reason for Take Profit: Horizontal swing low support

*Prezentowana analiza rynku ma charakter informacyjny i nie jest przewodnikiem po transakcji.

Dean Leo
GK InstaForex © 2007-2021

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