XCUUSD facing bearish pressure from 1st resistance !
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure as well, in line with our bearish bias.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results