XAUUSD potential for further upside beyond pivot| 15th June 202

XAUUSD potential for further upside beyond pivot| 15th June 202 for OANDA:XAUUSD by FXCM

XAUUSD potential for further upside beyond pivot| 15th June 202


Prices are currently hovering around pivot level in line with horizontal swing low support, 78.6% Fibonacci retracement , and 161.8% Fibonacci extension . If prices breaks through pivot , prices might push up towards horizontal swing high resistance in line with 127.2% Fibonacci extension . If prices reverse from the pivot , prices might take support from horizontal swing low support in line with 127.2% Fibonacci retracement and 100% Fibonacci extension . MACD is also showing a bullish pressure for prices.

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