XAUUSD breaking out of ascending support line, potential drop!
XAUUSD has made a slight breakout of its ascending support line. If it breaks past its 1st support at 1297 (38.2% Fibonacci retracement, horizontal overlap support), it could be a confirmation of a further move downwards to its major support at 1288 (76.4% Fibonacci retracement, horizontal swing low support).
RSI (34) is being held up by the same ascending support line where a break out could contribute to our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI (34) is being held up by the same ascending support line where a break out could contribute to our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。