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XAUUSD near key support, could possibly bounce!

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Tickmill Broker  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns XAU USD XAUUSD forexsiganls
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trendanalysis harmonicpatterns chartpattern xau usd xauusd forexsiganls

XAUUSD is approaching our first support at 1266.86 (horizontal swing low support, 61.8% Fibonacci extension , 50% Fibonacci retracement ) where a strong bounce might occur pushing the price up to our major resistance at 1302.26(horizontal swing low support, , 61.8% Fibonacci retracement, 100% Fibonacci extension ). Stochastic is also approaching support.
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