XAUUSD H4 at resistance, potential for short-term pull back

Price is at resistance area where we could potentially see it pull back to retest breakout support at 1,803.82, in-line with 50% Fibonacci Retracement , 61.8% Fibonacci Extension and descending trendline resistance-turned-support. If price bounce above pivot ,it would swing towards resistance at 1,827.97, in-line with 78.6% Fibonacci Retracement and...

GBPUSD Facing bearish pressure | 28 July 2021

GBPUSD pushed higher and is currently trading sideways, testing key -61.8% Fibonacci retracement level. A short-term pullback towards our take profit and graphical overlap support at 1.38325 could be possible. We also have short-term 50% Fibonacci retracement on our take profit level as well. Stochastic is testing resistance where price...

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