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

2020-06-10T04:43:35

Relevance until2020-06-11

Trading Recommendation

Entry: 1712.56

Reason for Entry: Horizontal overlap support and 23.6% fibonacci retracement

Take Profit: 1729.55

Reason for Take Profit: 78.6% retracement and horizontal overlap resistance

Stop Loss: 1704.70

Reason for Take Profit: Horizontal swing support, 50% fibonacci retracement

*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, potential for further upside