INTRADAY FOR GOLD 09-08-23
WEDNESDAY 09-08-23, INTRADAY H1 TIME FRAME SETUP
Trend is still down, so look for a resistance to enter for sell, as price has touched previous 100% level so we must be ready for the RETRACEMENT DUE also. The arrowed road map is indication a DB and if it happens then there is a HRB at 1921-23 area at 0.0% level that may lead the price to visit 23.6% 1928 ro 38.2% 1931. Sma44 i declining towards these levels also and if it meets any of these levels and the price comes there, then it will be the point of impact for the day. I will take a sell at this point between 1931-35 depending on the meeting point of fibo levels and sma44.
Trend is still down, so look for a resistance to enter for sell, as price has touched previous 100% level so we must be ready for the RETRACEMENT DUE also. The arrowed road map is indication a DB and if it happens then there is a HRB at 1921-23 area at 0.0% level that may lead the price to visit 23.6% 1928 ro 38.2% 1931. Sma44 i declining towards these levels also and if it meets any of these levels and the price comes there, then it will be the point of impact for the day. I will take a sell at this point between 1931-35 depending on the meeting point of fibo levels and sma44.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.