XAU/USD bounced off support, potential for further upside

Trading Recommendation

Entry: 1714.301

Reason for Entry: Horizontal pullback support and 38.2% fibonacci retracement,

Take Profit: 1738.519

Reason for Take Profit: Horizontal swing high resistance, 61.8% fibonacci retracement

Stop Loss: 1703.829

Reason for Stop loss: Horizontal swing low support, 61.8% fibonacci retracement