Gold Spot / U.S. DollarUpdated XAU/USD INTRADAY FRIDAY 20 05 22
Price is now in the zone 183x and 185x as mentioned before that is needs to stay and hold between this to carry on for an upward movement. However fbbo H1 indicates a decline towards 1808-13 also. Therefore I suggest a medium risk sell from 1848-53 area and low risk sell 1858-63. 1838-43 is a high risk sell at the moment.
Note
Can any one see a double top in H1 ?Note
Is it due to sentiments or it is really a bear flag?Note
Double top activated, Bear flag activated, now this beautiful M awaits activation. If 1828-33 broken, this beautiful "M" may activate in H1 TFNote
Possible M formation stands null and void however a triple top is spot. It will be included in analysis for Monday and week onward.
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.
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.