FX.co ★ 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