FX.co - XAUUSD pulling back to trendline , potential bounce!

2020-05-08T10:00:12

Relevance until2020-05-09

Trading Recommendation

Entry: 1711.48

Reason for Entry: Horizontal overlap support , trendline pullback

Take Profit :11742.42

Reason for Take Profit: 127% fibonacci extension

Stop Loss: 1668.68

Reason for Stop loss: Horizontal swing low

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ XAUUSD pulling back to trendline , potential bounce!