wajidalikhan2123

XAU/USD THU 12 MAY

wajidalikhan2123 Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
As the price is in the middle 1850 50% the fibbo h1, it is not advisable to take any entry before 1833 0% or 1863 100% level.
Comment:
so h1 and h4 both says down trend so it is likely to go down but before that it might test 1863 as fibbo h1 indicates 100% level at 1863 in addittion fibbo 50% and 61.8% and BB44 mid band all are serving as support support rite now. So there is a mix sentiment and a bit confusing so wait an watch is more beneficial.
Trade active:
Kind of a double bottom situation, a medium risk buy can be taken around 1828-33 area now
Order cancelled:
Possible DB stands null and void

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