XAU/USD for Intraday Tuesday 25-10-22
Fiboo H1 indicating south but fourteen (14) H1 candles have slapped Sma200 several times. Price can take any direction at this moment so again waiting and observing will pay. If this slapping continues and Sma44 joins Sma200 at 38.2% 1650 then breaking and rejection is the only option to watch for an entry. For meanwhile just even if there is no entry found today, just wait and watch.
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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.