XAUUSD facing bullish pressure from support | 3 June 2020

Name: XAUUSD facing bullish pressure from support | 3 June 2020
Uploaded: 2020-06-03T04:32:42.391302
Channel: FXCM
Description: Price is facing bullish pressure from our support where we could see a further push up to to our take profit target. Our buy entry is in line with our 78.6% fibonacci extension and 61.8% fibonacci retracement. Stochastic is facing bullish pressure as well.

Long

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Harmonic Patterns Chart Patterns XAUUSD XAU USD

trendanalysis harmonicpatterns chartpattern xauusd xau usd

Price is facing bullish pressure from our support where we could see a further push up to to our take profit target. Our buy entry is in line with our 78.6% fibonacci extension and 61.8% fibonacci retracement. Stochastic is facing bullish pressure as well.

Comment:

Entry: 1713.68
Take profit: 1731.08
Take Profit 2: 1744.51
Stop Loss: 1702.71

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