XAUUSD

XAUUSD Has Failed To Break Above My Resistance Zone At 1846.44 Whereby It Has Been Resisting On That Level For More Then 6HOURS Creating Multiple Touches On That Level Making It A Level Of Interest .It Later Created A M Formation/Double Top On That Resistance At 1846.44 On The H1 Timeframe and It Recently Broke My Support Level At 1842.09 Whereby It Also Had Multiple Touches On That Support At 1842.09 Until Price Was Strong Enough To Break The Support Round About 19:00 South Africa Time On 20/02/23


I'll Now Be Looking To Sell XAUUSD At The Current Market Price Down Until 1832.210 MY S.L Is 1842.050 Making My RRR 7/14.THE RRR Is A Bit To High But It Will Be Worth The Risk