Main Quotes Calendar Forum
flag

FX.co ★ XAUUSD H4 | Bouncing off Support?

parent
Forex Analysis:::2023-10-06T03:47:55

XAUUSD H4 | Bouncing off Support?

XAUUSD H4 | Bouncing off Support?

The XAU/USD chart currently has bullish momentum, with the potential for a bullish continuation towards the 1st resistance. The 1st support at 1812.52 is significant as a swing low support. Please verify the value of the 2nd support, and on the resistance side, the 1st resistance at 1855.66 is a pullback resistance, while the 2nd resistance at 1884.64 is an overlap resistance aligned with the 50% Fibonacci Retracement level.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...