Long Legged Doji Form On Daily Chart.Is This Short Term Trend Reversal??
From Last 3 Trading Sessions We Are Witnessing Lots Of Uncertainty In Market,As Well As Lots Of Sideways Moves.That Is The Earlier Sign Of Newly Formed Patterns, We Can See The Lots Of Uncertainty When We Are In Newly Formed Pattern,Lots Of Complexity Is There As Well As Lots Of Lacking Of The Legitimate Patterns.
XAU/USD Is Still Maintaining The Closing Above Weekly And Monthly SAR Level's Means Strength Is There.Closing Below That Then Weakness Will Come.
Above 4Hourly SAR Level Minor Strength Will Come, And Above Daily SAR Level Major Trend May Come.
(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 1286.50 Then Some Upside Possible Like 1297.97/1304.55,Above Daily SAR Level Major Strength Will Come.
Negative:-If XAU/USD Is Able To Break 1286.50 Then Only Some Downside Is Possible.Closing Below Weekly SAR Level Counter To The Major Trend.
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Thank You.
Happy Disciplined Trading.
From Last 3 Trading Sessions We Are Witnessing Lots Of Uncertainty In Market,As Well As Lots Of Sideways Moves.That Is The Earlier Sign Of Newly Formed Patterns, We Can See The Lots Of Uncertainty When We Are In Newly Formed Pattern,Lots Of Complexity Is There As Well As Lots Of Lacking Of The Legitimate Patterns.
XAU/USD Is Still Maintaining The Closing Above Weekly And Monthly SAR Level's Means Strength Is There.Closing Below That Then Weakness Will Come.
Above 4Hourly SAR Level Minor Strength Will Come, And Above Daily SAR Level Major Trend May Come.
(For SAR Level's Check Last Image,For Latest Hourly SAR Level Check On Facebook)
-------------------------------------------------------------------------------------------------------------------------------
Initial Watch:-
Positive:-If XAU/USD Is Able To Hold 1286.50 Then Some Upside Possible Like 1297.97/1304.55,Above Daily SAR Level Major Strength Will Come.
Negative:-If XAU/USD Is Able To Break 1286.50 Then Only Some Downside Is Possible.Closing Below Weekly SAR Level Counter To The Major Trend.
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For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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