XAU/USD INTRADAY FRIDAY 20 05 22

20 de mai. de 2022

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.

20 de mai. de 2022

Nota

Can any one see a double top in H1 ?

20 de mai. de 2022

Nota

Is it due to sentiments or it is really a bear flag?

20 de mai. de 2022

Nota

Double top activated, Bear flag activated, now this beautiful M awaits activation. If 1828-33 broken, this beautiful "M" may activate in H1 TF

21 de mai. de 2022

Nota

Possible M formation stands null and void however a triple top is spot. It will be included in analysis for Monday and week onward.