Tuesday, 29 July 2014

XAU/USD Daily NEo Wave Plot (30/07/2014)

As A Weekly Trend Down We Witness Fall In Last Session.Today Down Trend Is Continue.First Few Hours We May Witness Sideways Move After That Expecting Same Fall Like Last Session We Witness As A Wave-C Of Zigzag.Wave-B Is A Sideways Move We May Witness For First Few Hours.
Above 4Hourly SAR Level Minor Strength Will Come And Above Daily SAR Level Major Strength Will Come.
Below Weekly SAR Level Major Trend Will Change,Below Daily And 4Hour SAR Level Weakness Is There.
(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 Sustain Above 1302.22/1305.90 Then Only Upside Possible. Above Daily SAR Strength Will Come.
Negative:-If XAU/USD Is Unable To Break 1302.22/1305.90 Then Downside Possible.Expected Targets 1289.61/1285.93,Below Weekly SAR Level Major Weakness Will Come.
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