#XAUUSD, H4 is approaching our Pivot, potential for a bounce.
Description
Price is approaching our Pivot point at 1890.15, which is in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. We could potentially see a bounce from our Pivot point towards our 1st resistance level at 1909.58, which is in line with -27% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high. It's worth noting that price is above the moving average, in line with our bullish analysis.
Pivot: 1890.15
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Support: 1875.66
Why we like it:
61.8%, 127% fibonacci retracement and horizontal graphical overlap
1st Resistance: 1909.58
Why we like it:
-27% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1890.15, which is in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. We could potentially see a bounce from our Pivot point towards our 1st resistance level at 1909.58, which is in line with -27% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high. It's worth noting that price is above the moving average, in line with our bullish analysis.
Pivot: 1890.15
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Support: 1875.66
Why we like it:
61.8%, 127% fibonacci retracement and horizontal graphical overlap
1st Resistance: 1909.58
Why we like it:
-27% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high
Trading FX & CFDs carries high risk.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.