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wajidalikhan2123

XAU/USD INTRADAY THURSDAY 09 JUN 2022

Gold Spot / U.S. Dollar (FXOPEN:XAUUSD)  
wajidalikhan2123 Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Technical Indicators Trend Analysis
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chartpattern indicator trendanalysis
Same situation as price is hovering around The Point Of Impact 1848-53. Fibbo H1 indicating a decline towards 1836 at 100% level but the price is way above and near 0% level of 1859. To reach destined level of 100% price needs to break the 1848-53 zone and in addition it has to meet Sma200 BB44 mid band 38.2 - 50.0 levels serving as support. Again wait for the price to reach 1859 or let it break the zone to get an entry.
Comment:
Watch out this time it may even cross 1859 so don't hurry in entering sell at 0.0% level
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