Price is approaching our first resistance (horizontal overlap resistance, 61.8%, 50% Fibonacci retracement) where we might see a corresponding drop to our first support level (horizontal overlap support, 61.8% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsHarmonic PatternsTrend AnalysisUSDXAUXAUUSDxauusdlongxauusdshort

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