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XAUUSD reaching 1st support, potential bounce !

analytics5ece0a15c0565.jpg

Trading Recommendation

Entry:1701.45

Reason for Entry: Trendline pullback, 88% fibonacci retracement

Take Profit :11734.55

Reason for Take Profit: Horizontal swing high resistance

Stop Loss: 1683.08

Reason for Stop loss: Horizontal swing low

The material has been provided by InstaForex Company - www.instaforex.com