wajidalikhan2123

Gold intraday signal 05-10-23

wajidalikhan2123 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
R3 LRS 1853 -R2 MRS 1833 -R1 HRS 1823 SNR
S1 HRB 1823 SNR -S2 MRB 1814 Sma200 W1 TF -S3 LRB 1803

SELL> 1933 - 1853 BUY> 1814 - 1803

FOLLOW UP
D1 On Death Cross
W1 On Support Sma200 / 1814
MN On Resistance Sma44 / 1827
MN On Resistance MACRO FIBO MN 50.0% / 1848

OBSERVATIONS: Being two days in sideways and continuously squeezing range. Price action is on the verge of taking a major direction. It is not wise to do any adventure between fibo mid levels. Try to pick the tail from extreme top or extreme bottom provided momentum is dying there. Choose 1833 for sell and 1814 for buy if last quarter of H1 candle makes a wick around there. On return from the SNR pick the entry.
Comment:
Keep watching
Comment:
POSSIBLE HEAD AND SHOULDER
Comment:
Price may come down but this possible HNS stands null and void now.

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