XAUUSD is approaching its support at 1194 (61.8% Fibonacci extension, 61.8%, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1201 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 4.5% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 4.5% where a corresponding bounce could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.