XAU/USD INTRADAY TUESDAY 07 JUN 2022

Fibbo H1 is at 0.0% level so a high risk sell is rite at 1838-43 area otherwise taking more precautions then wait for a retracement due and let the price test 1853-58 where Sma200 fibbo 38.2% BB44 mid band and 50.0% is present making a great resistance to find a good entry for low risk sell. However a medium risk sell is also present at 23.6 at 1848 where few candles are also serving as resistance. On the bullish side wait for the price to test at least 1833-38 for a medium risk buy or take a low risk buy around 1823-28.