From last three sessions we are witnessing fall in gold prices ,today also we will witness some downfall.
Very complex pattern is forming its very difficult to plot and count at minute degree level but larger picture is very clear (Read Weekly Report).
We can see the change in bull-bear power (Check Second last image).
Above daily and weekly SAR level minor strength will come.
Below Weekly SAR level major trend may 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 Break 1299.05/1297.06 Then Some Minor Strength Will Come , Above Daily SAR Level More Strength Will Come.
Negative:-If XAU/USD Is Not Able To Break 1299.05/1297.06 Then Some Downside Targets 1290.39/1288.90 Are Possible,Below Monthly SAR level Major Weakness Will Come.
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Thank You.
Happy Disciplined Trading.
Very complex pattern is forming its very difficult to plot and count at minute degree level but larger picture is very clear (Read Weekly Report).
We can see the change in bull-bear power (Check Second last image).
Above daily and weekly SAR level minor strength will come.
Below Weekly SAR level major trend may change.
(For SAR Level's Check Last Image,For Latest Hourly SAR Level Check On Facebook)
--------------------------------------------------------------------------------------------------------------------------------
Initial Watch:-
Positive:-If XAU/USD Is Able To Break 1299.05/1297.06 Then Some Minor Strength Will Come , Above Daily SAR Level More Strength Will Come.
Negative:-If XAU/USD Is Not Able To Break 1299.05/1297.06 Then Some Downside Targets 1290.39/1288.90 Are Possible,Below Monthly SAR level Major Weakness Will Come.
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For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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