XAU/USD approaching 1st resistance, potential drop !
Trading Recommendation Entry: 1745.35 Reason for Entry: Horizontal swing low support Take Profit :1642.36 Reason for Take Profit: 38.2% fibonacci retracement, 100% fibonacci extension Stop Loss: 1775.63 Reason for Stop loss: 127% fibonacci extension The material has been provided by InstaForex Company – www.instaforex.com