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XAU/USD for Intraday Tuesday 06-12-22

It is being a long time since my last analysis about the DT in D1. It has taken the resistance from Sma200 and now started its journey towards the neckline 1729. I didn't post meanwhile as the market was so un certain to pick an entry on Intraday basis. However we have been picking very choosy trades at the group. What I see is on larger TFs like D1 Sma200 W1 Sma44 and MN Macro Fibbo 38.2% all have served well as resistance and made the price to come back quickly under the 1753-83 zone again. Now for Intraday there is a possible sell location under 0% level 1765.82 or or a HRS at 23.6% 1776.38 If the entry fails here then we should again wait for the price to break The Wall 1778-83 to look for a buy entry.

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