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HomeContributorsTechnical AnalysisXAUUSD Is Possibly Bullish

XAUUSD Is Possibly Bullish

Octa
By Octa

Technical analysis

The price rebounded from the Fibonacci fan support line and broke the crucial level of 1,760.

The ССI indicator displays a possible switch to a bullish sentiment.

Most likely scenario – BUY

Target prices: 1,763.29 1,766.84

Alternative scenario – SELL

Target prices: 1,756.62 1,753.65

Key levels

Support 1,756.62 1,753.65

Resistance 1,763.29 1,766.84

 

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

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