Gold Spot / U.S. DollarUpdated XAU/USD for Intraday Friday 14-10-22
WAJIDXAUUSDCHANNEL, [14-Oct-22 1:11 AM]
[Forwarded from WAJIDXAUUSDCHANNEL (Wajid Ali)]
Fibbo H1 indicating north and we do have a strong support at 50% 1662.40 that can make the price bounce and travel some what towards 100% 1682.45 but this is going to be a HRB. Second option as MRB is at 23.6% 1651.81 which in future may turn into point of impact (Means above it 1650 we are bullish and below it we are bearish. As for low risk entries again it is advised to decide an entry at 100% 1682.45 or 0% 1642.34 levels
[Forwarded from WAJIDXAUUSDCHANNEL (Wajid Ali)]
Fibbo H1 indicating north and we do have a strong support at 50% 1662.40 that can make the price bounce and travel some what towards 100% 1682.45 but this is going to be a HRB. Second option as MRB is at 23.6% 1651.81 which in future may turn into point of impact (Means above it 1650 we are bullish and below it we are bearish. As for low risk entries again it is advised to decide an entry at 100% 1682.45 or 0% 1642.34 levels
Note
If this is the momentum, then buying is not advisable for today
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.