Sunday, 31 August 2014

XAU/USD Weekly NEo Wave Plot (01/09/2014)

I hope everyone enjoy last week upside already given alert in my weekly report(Check Last Image or Weekly Report).
This week also there is chances of upside just having only one doubt about upside is last week i was expecting to cross 1302,but gold unable to cross 1302.
This week if gold goes below given level then its detrimental for gold prices.
If break 1264.24 then something complex pattern is forming.
Above Daily and 4Hourly SAR level minor strength will come,above weekly SAR level major strength will come.
Till below monthly SAR level weakness is there.
(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 1281.21/1277.55 Then We Will See Some Upside Targets Like 1301.66/1305.32 And Much More.
Negative:-If XAU/USD Is Unable To Hold 1281.21/1277.55 Then Some Downside Is Possible, Below 1264.24 More Downside Possible.
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Thank You.
Happy Disciplined Trading.







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