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

2020-05-13T07:04:30

Relevance until2020-05-14

Trading Recommendation

Entry: 1715.70

Reason for Entry: 76.4% Fibonacci retracement, bearish trendline

Take Profit: 1693.50

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1722.92

Reason for Stop loss: Horizontal swing high

*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!