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wajidalikhan2123

XAU/USD for Intraday Thursday 28-07-22

Gold Spot / U.S. Dollar (FXOPEN:XAUUSD)  
wajidalikhan2123 Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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6
trendanalysis chartpattern indicator
Fibbo H1 indicating south. Price has started to decline but we cannot ignore the upward movement to test 1753 as D1 closing above 1718-23 is uptrend. As I already mentioned after reversing from 100% level of MACRO FIBBO 1670 now price may move towards 1870 for next station is at 178x where there is a gap sill to be filled. On the other hand rise in interest rate may effect this upward movement for a while and we may at least visit 1718-23 once again. So for Intraday entry purpose there is a HRS around 1738-43 and also below 1733 23.6% level. However a buy opportunity may occur around 1722 61.8% and 1725 50% level.
Comment:
IS IT WORTH OR AM I DAY DREAMING ?

snapshot
Comment:
Breaking up 1738-43 zone will make it null and void so wait and just do not go for it.
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