Sunday, 6 April 2014

XAU/USD Weekly NEo Wave Plot (07.04.2014)



INITIAL WATCH:-
Positive:-  If XAU/USD is holding 1295.68-1288.78 then we can see the targets like 1344.25,1366.37 and more higher levels,above WSAR bullishness confirm.
Negative:- if market is sustain below 4HrSAR and DSAR then market can give short term reversal.


The post pattern implication of normal zigzag is 60-80% of entire pattern means market may go between 1344.25-1366.37 within 50% time of entire pattern consumed which is 1.5 week.




No comments:

Post a Comment