CFDs on Gold (US$ / OZ)Updated Gold xauusd intraday signal 09-10-23
R3 LRS 1848 50% MACRO FIBO MN -R2 MRS 1838 Sma44 H4 -R1 HRS 1833
S1 HRB 1827 Sma44 MN TF -S2 MRB 1820 Demand Area -S3 LRB 1814 Sma200 W1 TF
D1 On Death Cross
W1 On Support Sma200 / 1814
MN On Support Sma44 / 1827 MN On Resistance MACRO FIBO MN 50.0% / 1848
SELL> 1933 - 1838 BUY> 1827 - 1818
OBSERVATIONS: First week of October defended its support Sma200 1814 very well and pushed the price five times from it. Subsequently monthly support was crossed several times but eventually that monthly Sma44 1827 also ended the week in support. H1 TF is showing a bend in the trend also but H4 TF is still fully bearish even the last two candles are indicating a south direction as second last closed as king bullish and last one as doji provided Sma44 is on top to intercept the price at 1838 so our first sell entry is here on the interception. To get to our buy area 1818 price need to break this 1827 support once again and now 1829 have also made a virtual support on it. The point of impact is 1827, above it we are bullish and below it we are bearish for this week. First week of this month went in the lower block 1793-1853 as discussed before. The upper block 1853-1903 is still on standby.
S1 HRB 1827 Sma44 MN TF -S2 MRB 1820 Demand Area -S3 LRB 1814 Sma200 W1 TF
D1 On Death Cross
W1 On Support Sma200 / 1814
MN On Support Sma44 / 1827 MN On Resistance MACRO FIBO MN 50.0% / 1848
SELL> 1933 - 1838 BUY> 1827 - 1818
OBSERVATIONS: First week of October defended its support Sma200 1814 very well and pushed the price five times from it. Subsequently monthly support was crossed several times but eventually that monthly Sma44 1827 also ended the week in support. H1 TF is showing a bend in the trend also but H4 TF is still fully bearish even the last two candles are indicating a south direction as second last closed as king bullish and last one as doji provided Sma44 is on top to intercept the price at 1838 so our first sell entry is here on the interception. To get to our buy area 1818 price need to break this 1827 support once again and now 1829 have also made a virtual support on it. The point of impact is 1827, above it we are bullish and below it we are bearish for this week. First week of this month went in the lower block 1793-1853 as discussed before. The upper block 1853-1903 is still on standby.
Order cancelled
DO NOT DO ANY ADVENTURE TODAYNote
Wait for the new Demand area appeared at opening for a buy or take a HRB at 1848-50 with 43 SL. As 1848 is 50% fibo level of MACRO FIBO MONTHLY.Note
New formation for observationNote
Update : 
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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.