Wednesday, 6 August 2014

XAU/USD Daily NEo Wave Plot (07/08/2014)

What A Bounce We Witness In Last Session!!!! Hope Everyone Makes Money In Last Session I Was Told Short Term Trend Reversal May Possible.(Check Last Report Click Here Or Check Last Image.)
For Today 1310-1313 Are Major Hurdle But If Cross Then We Will Again Witness The Bounce,Otherwise Fall Is Possible.
Last Session We Witness After Breaking 4hourly SAR Level As Well As Daily SAR Level Market Is Got More Strength.
Below 4hourly And Daily SAR Level Weakness Will Come.
Below Monthly And Weekly SAR Level Major Weakness Will Come.
 (For SAR Level's Check Second Last Image,For Latest Hourly SAR Level Check On Facebook
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Initial Watch:-
Positive:-If XAU/USD Is Able To Hold 1301.34/1296.21 Then More Upside Is Possible, Don't Take Fresh Long Position Till Breaking The Range Of 1310-1313.
Negative:-If XAU/USD Is Break 1301.34/1296.21 Then Only Down Move Possible Till Trend Will Continue.
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Thank You.
Happy Disciplined Trading.


 

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