XAU/USD INTRADAY FOR TUESDAY 14 JUNE 2022

Fibbo H1 indicating upward movement towards 100% level at 1879 but again 50% level Sma200 BB44 mid band is contained by point of impact 1848-53. A possible DB just stands null and void but formation of three black crows are of half validity. I will not call a HRB instead a MRB is at 1818-23 zone as this zone can push the gold towards 19xx as posted earlier (IF 183X THEN 187X AND IF 182X THEN 19XX) One has proved other remains to be proven. However if the price crosses and holds under 1818-23 zone then visiting the great wall (1778-83) is very near. So if MRB at 1818-23 is taken then SL around 1816-15 is enough. A MRS is located again at 1848-53 area provided momentum have died there.

Comment:

If the price moves above 1833 it will activate Inverse HnS and before that three black soldiers initiated at 1823 should take the price at that level.

Comment:

Formation of DB and W all will activates above 1833

Comment:

DB and W formation stands null and void