wajidalikhan2123

XAU/USD for Intraday Wednesday 29 Jun 2022

FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Gold ban! what a joke! Fibbo H1 indicating north but still BB44 mid band and Sma200 is successfully guarding it and the space between them is increasing day by day. This time price has reaached almost at the edge of 0.0% level so a MRB is located at 1818-23 with SL 1815. I call it Medium Risk Buy because price has not closed under 1818-23 and for the sake of retracement it may test 1828-33 again. Similarly a MRS is located at 1828-33 area with SL 1836. I am keeping tite SL as this week can produce huge spikes at any time and any moment.

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