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| AUD/USD H1 |
FOREX Signal For Today
AUD/USD has formed double bottom in hourly chart indicating reversal pattern. Bears are advised to be cautious while bulls can wait for confirmation before going LONG.
GOLD TECHNICAL ANALYSIS – Prices are testing above resistance at 1272.99, the 50% Fibonacci retracement level. A break higher on a daily closing basis exposes the 61.8% level at 1282.80. Near-term support is in the 1263.10-67.71 area, marked by a horizontal pivot and the 38.2% Fib.
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