Last Session I Was Not Present In Market Hour,We Witness Downfall On Friday Hope My Last Weekly Report Is Helpful To All Followers(Please Check Last Image).
From 2-3 weeks we are witnessing some range bound movement in gold.I think this week we will get the breakout of this range.
I think this week we will witness Wave-B and Wave-C of the zigzag.(Check First Chart)
We can see some trainguler activity in simple candlestick chart(Check second chart).
Below monthly SAR level major weakness will come.
Above Daily/Weekly SAR level minor strength will come.and above 4hourly SAR level major strength 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 Break1310.38/1302.9 Then Only Some Upside Possible.Above hourly SAR level major strength will come.
Negative:-If XAU/USD Is Able To Hold 1302.90/1310.38 Then We Will Witness Some Downside Targets Like 1280.01/1272.59.
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Thank You.
Happy Disciplined Trading.
From 2-3 weeks we are witnessing some range bound movement in gold.I think this week we will get the breakout of this range.
I think this week we will witness Wave-B and Wave-C of the zigzag.(Check First Chart)
We can see some trainguler activity in simple candlestick chart(Check second chart).
Below monthly SAR level major weakness will come.
Above Daily/Weekly SAR level minor strength will come.and above 4hourly SAR level major strength 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 Break1310.38/1302.9 Then Only Some Upside Possible.Above hourly SAR level major strength will come.
Negative:-If XAU/USD Is Able To Hold 1302.90/1310.38 Then We Will Witness Some Downside Targets Like 1280.01/1272.59.
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For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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