In last session first half we witness some upside,and in second half some weakness was come.
In first half we witness the zigzag pattern(1273.82 to 1290.8),After that we witness the fall which is post pattern implication(Know More About Post Pattern Implication) of zigzag pattern, But we can see post pattern implication never retrace 100% This is the best example of larger pattern implication(Check Larger Pattern Count).
We can see the change in Bull-Bear power.
Above Daily and Monthly SAR level More Strength Will Come, And Above Weekly SAR level Major Trend May Change.
Below 4Hourly SAR Level Minor 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 1277.67/1273.82 Then Some Upside Targets Possible Like 1290.8/1301.04,Above 1290.98 More Strength Will Come.
Negative:-If XAU/USD Is Unable To Hold 1277.67/1273.82 Then Only We Witness Some Downside.
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Thank You.
Happy Disciplined Trading.
In first half we witness the zigzag pattern(1273.82 to 1290.8),After that we witness the fall which is post pattern implication(Know More About Post Pattern Implication) of zigzag pattern, But we can see post pattern implication never retrace 100% This is the best example of larger pattern implication(Check Larger Pattern Count).
We can see the change in Bull-Bear power.
Above Daily and Monthly SAR level More Strength Will Come, And Above Weekly SAR level Major Trend May Change.
Below 4Hourly SAR Level Minor Weakness Will Come.
(For SAR Level's Check Second Last Image,For Latest Hourly SAR Level Check On Facebook)
--------------------------------------------------------------------------------------------------------------------------------
Initial Watch:-
Positive:- If XAU/USD Is Able To Hold 1277.67/1273.82 Then Some Upside Targets Possible Like 1290.8/1301.04,Above 1290.98 More Strength Will Come.
Negative:-If XAU/USD Is Unable To Hold 1277.67/1273.82 Then Only We Witness Some Downside.
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Thank You.
Happy Disciplined Trading.
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