XAU/USD approaching support, potential bounce | 22 June 2020

XAU/USD approaching support, potential bounce | 22 June 2020 for FX:XAUUSD by FXCM

XAU/USD approaching support, potential bounce | 22 June 2020

Gold/U.S. Dollar FX:XAUUSD



Price is approaching support in line with our trend line , 38.2% retracement and 78.6% extension where we could see a bounce to our first resistance level . 20 Period EMA and Ichimoku cloud are showing signs of bullish pressure as well.

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