After A Week Of Consolidation Of Minor Degree Wave B Of
Zigzag Hope This Week We Will Get Breakout For Wave C Of Zigzag.
Time Wise Wave B Of Zigzag Is Taking More Time Than Wave A
And Wave C. Time Wise And Pricewise Wave A= Wave C In Normal Zigzag.
Here Time wise Wave A Is Taken 1 Day Time Unit And Cover
Price Distance Of 67.42$
Wave B Is Taken 1 Week Time Unit For 21.05$ Consolidation.
Means We Can Expect Next 67.42$(Approx) Move Will Cover In
One Single Day. So Be Cautious. Use Strict Stoploss.
Weekly Major Hurdle Is 1332.71.
Weekly Major Supports Are 1297.65/1282.66.
Below Weekly SAR Level Mejor Weakness Is Come.
-----------------------------------------------------------------------------------------------------------------------
Initial Watch :-
Positive:- If XAU/USD Is Able To Hold 1297.65/1282.66 Then Strength
Is There, If Break 1332.71 Then More Strength Will Come Then We Will See Target
1346.27/1361.16.
Negative:- If XAU/USD Is Not Able To Hold 1297.65/1282.66
Then Minor Weakness Is Come, Below Daily SAR Level Minor Weakness Will Come.
But Below Weekly SAR Level We Will See Major Trend Change. Tomorrow Monthly SAR
Level Also Updating.
For Intraday Update - Click Here
Thank You.
Happy Disciplined Trading.
No comments:
Post a Comment