Monday, 28 July 2014

XAU/USD Daily NEo Wave Plot (29/07/2014)

Sending To All Of You Warm Wishes On "EID-UL-Fitr" And Wishing That, It Brings Your Way Ever Joys And Happiness.

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Last Session We Witness Some Sideways Move, I Think We Are Witnessing Wave-iv Last Wave-v Will Be On Upside.
Today Also We Witness Some Sideways Move, Because Wave-iv Is Corrective Wave It Should Be Take More Time Than Impulsive Wave.
Below 4Hourly SAR level Minor Weakness Will Come.
Above Daily SAR Level Short Term Strength Will Come.
Below Weekly SAR Level Major Trend Will Change.
(For SAR Level's Check  Last Image,For Latest Hourly SAR Level Check On Facebook)
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Initial Watch :-
Positive:- If XAU/USD Is Able To Hold 1300.76/1295.66 Then Only Upside Possible Above Daily SAR Level Strength Will Come.
Negative:- If XAU/USD Is Unable To Hold 1300.76/1295.66 Then Downside Is Possible,Below Weekly SAR Level Major Trend Will Change.
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Thank You.
Happy Disciplined Trading.
 




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