FX.co - XAU/USD facing bullish pressure from support, potential for further upside

2020-06-01T03:52:07

Relevance until2020-06-02

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

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ XAU/USD facing bullish pressure from support, potential for further upside