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FX.co ★ XAUUSD pulling back to trendline, potential bounce!

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Forex Analysis:::2020-05-13T07:04:30

XAUUSD pulling back to trendline, potential bounce!

XAUUSD pulling back to trendline, potential bounce!

Trading Recommendation

Entry: 1715.70

Reason for Entry: 76.4% Fibonacci retracement, bearish trendline

Take Profit: 1693.50

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1722.92

Reason for Stop loss: Horizontal swing high

Analyst InstaForex
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