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Gold testing major resistance, watch for a potential reversal!

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Oro al contado/Dólar estadounidense (FX:XAUUSD)  
Tickmill Broker  
FX:XAUUSD   Oro al contado/Dólar estadounidense
Trend Analysis Harmonic Patterns Chart Patterns Gold goldidea goldusd XAUUSD xauusdshort xauusdlong goldtrading xauusdidea goldanalysis
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trendanalysis harmonicpatterns chartpattern gold goldidea goldusd xauusd xauusdshort xauusdlong goldtrading xauusdidea goldanalysis
Gold is testing major resistance at 1361 (ABC Fibonacci extension, horizontal swing high resistance) and a reversal could occur at this level to push price down towards 1344 support (Fibonacci retracement, horizontal pullback support) before 1325 support (Fibonacci retracement, horizontal swing low support).

Stochastic (55,5,3) is seeing major resistance at 99% where a corresponding reaction could occur.

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