XAU/USD INTRADAY THURSDAY 16 JUN 2022
Lets see what we have for today. As Fibbo H1 indicating a reduction in price and movement towards south provided retractement is always due. I see a MRS in 1838-43 area but a HRS sell is also present rite now at 1833-38 area. First support is at 50% level with BB44 mid band around 1818-23 which is also a well tested SNR zone. A stop loss above prev high is acceptable. for immediate HRS or MRS.