XAU/USD for Intraday Tuesday 19 Jul 22

Fibbo H1 indicating south and the price is making a retracement movement to north. However 61.8% (1708) BB44 (1709) 50.0% (1711) all together putting up a good fight a resistance. A MRS is in 1708-13 zone and 10-11 are most ideal for it. If this entry fails at 1715 then next attempt would be around 1718-23 which is a LRS. A buying opportunity is still around 1698-1703 MRB and 1678-83 LRB.

Comment:

D1 TF Death Cross Shooting Star Down Trend. Get Ready!

Comment:

Under 1708 it may activate it