wajidalikhan2123

XAU/USD for Intraday Tuesday Jul 05 2022

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FXOPEN:XAUUSD   黃金現貨 / 美元
Fibbo H1 is now indicating south direction. Only H1 and H4 Tfs were sending buy signal but now they are turning towards sell signal. Now MRS is in 1808-1813 zone with SL 1816 because if price crosses this number then again it might test 1818-23 where Sma200 is waiting to resist. However there are only 33% chances for this test. H1 TF is forming Bear Flag and H4 is similar. D1 has a doji after a bullish candle. W1 price is still under descending trend line and same MN price under 61.8% level of MACRO FIBBO. Even I am thinking to reduce lots size and do layering if price gets over 1816. Choose the way you like.
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NOTE DOWN AND REMEMBER! CLOSED 86.14 OPEN 83.59 GAP DOWN TODAY. THIS IS A HUGE GAP NEARLY $2.5 AND NEED TO BE FILLED. KEEP YOUR EYES ON 1753 OR 1723 HUGE BOUNCE BACK CAN OCCUR AT THESE POINTS.

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