TitleUSDCAD H4 | Potential bounce off confluence zoneTypeBullish BouncePreference:Price is currently at our pivot point of 1.31218 which aligns with a 78.6% Fibo projection and 127.2% Fibo extension.
Last week was disastrous for the price of an ounce of gold, as prices fell from the resistance level of 1854 dollars to the support level of 1780 dollars per ounce.
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