R3 LRS 1903 SMC Supply Area - R2 MRS 1873 SMC Supply Area - R1 HRS 1863
S1 HRB 1848 50% MACRO FIBO MN TF - S2 MRB 1828 - S3 LRB 1808
SELL> 1963 - 1878 BUY> 1848 - 1828
FOLLOW UP
D1 Resistance Sma44/1916 Sma200/1927
W1 On Resistance Sma44 / 1917
MN 38.2% / 1903 Macro Fibo at strong Resistance
OBSERVATIONS: Death cross initiated in D1, H4 and H1 have already triggered it. W1 respecting the road map indicated earlier. On larger scale we may test 1885 area before reaching 1808 to continue with this road map price must take support from 50% MACRO FIBO MN TF 1848-53. If this support is broken then next station is Sma44/1821 in MN TF and 61.8%/1793. As discussed in the group, the play ground for Gold in the month of October will be 1793-1903. However the range might squeeze either to 1853-1903 or 1793-1853. So the point of impact will be 1853 D1 TF closing under or above will define the price action whether it will be 1853-1903 or 1793-1853. For Intraday observe Sma44 and price to intercept each other at any SNR of Fibo H1 to get a sell entry.
S1 HRB 1848 50% MACRO FIBO MN TF - S2 MRB 1828 - S3 LRB 1808
SELL> 1963 - 1878 BUY> 1848 - 1828
FOLLOW UP
D1 Resistance Sma44/1916 Sma200/1927
W1 On Resistance Sma44 / 1917
MN 38.2% / 1903 Macro Fibo at strong Resistance
OBSERVATIONS: Death cross initiated in D1, H4 and H1 have already triggered it. W1 respecting the road map indicated earlier. On larger scale we may test 1885 area before reaching 1808 to continue with this road map price must take support from 50% MACRO FIBO MN TF 1848-53. If this support is broken then next station is Sma44/1821 in MN TF and 61.8%/1793. As discussed in the group, the play ground for Gold in the month of October will be 1793-1903. However the range might squeeze either to 1853-1903 or 1793-1853. So the point of impact will be 1853 D1 TF closing under or above will define the price action whether it will be 1853-1903 or 1793-1853. For Intraday observe Sma44 and price to intercept each other at any SNR of Fibo H1 to get a sell entry.