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Tickmill
Jun 14, 2019 2:31 AM

XAUUSD near resistance, could possibly drop Short

GoldOANDA

Description


Price is approaching its 1st resistance (horizontal swing high resistance) where it is expected to reverse down to its support (Horizontal overlap support,38.2% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected
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Comments
TradingShot
The 2nd Resistance in impenetrable. Strong sell signal ahead.


Bullandbeartrading
Looks like the 1.st Resistance will holds. Great work
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