Tuesday, 27 May 2014

XAU/USD Daily NEo Wave Plot (28.05.2014)



What a sharp fall we witness last night that was a breakout after completion of diamond shaped diametric, This fall is come in the form of double corrective.

First Corrective is over now we are in wave C of Second corrective means more fall we will witness today which is at list 61.8% of wave a means today we will witness the levels like 1256.94/1250.19 if market is go above 1268.80 then we have to revisit our counts.

Thank You.
Happy Disciplined Trading.

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