XAUUSD major levels of resistance:
1195 (Fibonacci retracement, horizontal overlap resistance)
XAUUSD major levels of support:
1040 (Fibonacci retracement, major horizontal pullback support, recent swing low support)
XAUUSD technical indicators:
RSI (34) is testing the 50% resistance level where we expect a reaction from to coincide with the drop we expect below 1200.
1195 (Fibonacci retracement, horizontal overlap resistance)
XAUUSD major levels of support:
1040 (Fibonacci retracement, major horizontal pullback support, recent swing low support)
XAUUSD technical indicators:
RSI (34) is testing the 50% resistance level where we expect a reaction from to coincide with the drop we expect below 1200.
