XCUUSD bounced from support, potential for a further rise!

18 พ.ค. 2020

XCUUSD bounced off 2.32788 where it could potentially rise further to 2.38794.
We remain bullish as price is bouncing nicely off our first support in line with our 78.6% fibonacci retracement where we are expecting a further push up to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Stochastic is approaching support as well.
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