XAU/USD INTRADAY FRIDAY JUN 24 2022
Fibbo H1 indicating north but there are several strong resistances serving at one point 1833. fibbo 61.8% BB44 mid band and Sma200. A MRS at 1828-33 zone with a SL 1837 is located. Buying from 1818-23 is not advisable as H1 H4 Stoch indicating sell signal provided D1 is under Sma200.
Comment:
Closed my Sell 1823 at BE
Comment:
XAU/USD 1,826.49 +3.78 (+0.21%) Aren't you getting it? Let it make the top. Find possible strong resistance and wait for it.
As pe my work plan already took a sell profit from 31 to 26 50pips. Now waiting for the possible test again at 1828-33. Most probably it will hit during US session and try at full thrust to btreak it. There will be a HRS and if it tests it with low momentum then it will be count as MRS. For the second time SL should be 184x. Re set lot size before taking any decision. It is going to be a hard day. Take care and be very careful.
As pe my work plan already took a sell profit from 31 to 26 50pips. Now waiting for the possible test again at 1828-33. Most probably it will hit during US session and try at full thrust to btreak it. There will be a HRS and if it tests it with low momentum then it will be count as MRS. For the second time SL should be 184x. Re set lot size before taking any decision. It is going to be a hard day. Take care and be very careful.