XAU/USD for Intraday Tuesday 18-10-22
WAJIDXAUUSDCHANNEL, [18-Oct-22 1:32 AM]
[Forwarded from WAJIDXAUUSDCHANNEL (Wajid Ali)]
Fibbo H1 indicating north but the price is under a nest of SNRs from 23.6% 1647.60 to 61.8% 1659.64. So it is better to wait for it get on 0% 164.16 and then decide an entry on rejection or breaking of this support. Similarly on the upper side if the price moves towards 100% 1671.68 do the same thing wait for the resistance to be rejected or break and then enter the market.
[Forwarded from WAJIDXAUUSDCHANNEL (Wajid Ali)]
Fibbo H1 indicating north but the price is under a nest of SNRs from 23.6% 1647.60 to 61.8% 1659.64. So it is better to wait for it get on 0% 164.16 and then decide an entry on rejection or breaking of this support. Similarly on the upper side if the price moves towards 100% 1671.68 do the same thing wait for the resistance to be rejected or break and then enter the market.
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