Sunday, 25 May 2014

NEo XAU/USD Weekly NEo Wave Plot (26.05.2014)



Weekly Initial Watch:-
Positive:-If XAU/USD is able to hold 1283.20 then we will witness some upside like 1308/1319.26              
Negative:-If XAU/USD is not able to hold 1283.20 then we will witness some downside like 1274/1268
Lots Of Structural Conflict is there so use SAR levels for entry exit.





















NEo Logic’s :-
Ø  Something is wrong in my charting software minor degree wave f is done but software can’t show on my chart I have plotted manually.
Ø  Some Structural conflict I am witnessing  from last 4 weeks because of we are in Diamond Shaped Diametric.
Ø  In this week We will witnessing Wave  g of Diamond Shaped Diametric.
Ø  Wave A = Wave G (At list 61.8 Pricewise and timewise).
Ø  Wave A= 36.46 So I  am expecting 1283.68+36.46=1320.14




Thank You.

Happy Disciplined Trading.


 

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