#XAUUSD, H4 is approaching our Pivot, potential for a rise.
Description
Price is above our Pivot point at 1889.16, which is in line with 61.8%, 88% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap. We could potentially see a rise from our Pivot point towards our 1st resistance level at 19812.88, which is in line with 61.8% fibonacci extension and horizontal swing high. It's worth noting that price is above the Ichimoku cloud support, in line with our bullish analysis.
Pivot: 1889.16
Why we like it:
61.8%, 88% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap
1st Support: 1875.50
Why we like it:
61.8% fibonacci retracement, 200% fibonacci extension and horizontal swing low.
1st Resistance: 1912.77
Why we like it:
61.8% fibonacci extension and horizontal swing high
Trading FX & CFDs carries high risk.
Price is above our Pivot point at 1889.16, which is in line with 61.8%, 88% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap. We could potentially see a rise from our Pivot point towards our 1st resistance level at 19812.88, which is in line with 61.8% fibonacci extension and horizontal swing high. It's worth noting that price is above the Ichimoku cloud support, in line with our bullish analysis.
Pivot: 1889.16
Why we like it:
61.8%, 88% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap
1st Support: 1875.50
Why we like it:
61.8% fibonacci retracement, 200% fibonacci extension and horizontal swing low.
1st Resistance: 1912.77
Why we like it:
61.8% fibonacci extension and horizontal swing high
Trading FX & CFDs carries high risk.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.