wajidalikhan2123

Gold xauusd intraday signal 14-09-23

FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
R3 LRS 1924 R2 MRS 1915 R1 HRS 1910
S1 HRB 1909 S2 MRB 1906 S3 LRB 1898

BUY> If the price gets rejection from 0.0%/1905 then an entry around 1906 otherwise buy around 1898-1903
SELL> If the price gets in touch with 38.20%/1913 and Sma44 aligns with it then selling will be essential around 1912-15

FOLLOW UP
D1 Sma200 acted as support for three days 1917-18-19 and now at resistance 1920
W1 Sma44 1910 Now will serve as Resistance
MN 38.2%/1903 Macro Fibo as Support

OBSERVATIONS: The green marked arrow act as support for the whole day at 1909. There are more resistances in larger time frames present in fibo range than support H1 is in down trend so a sell entry is much safe. However as retracement is always due we cannot over look buying opportunity also.

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