What a bounce and then selloff we witness in last session. I have given exact resistance for selling after the touching resistance zone we witness sell off.(Please Check Last Daily NEo Wave Plot Or Check Last Image).
From last two sessions we witness to much complex pattern which is Diamond Shaped Diametric.
After the completion of Wave-G of diametric we witness fall in the form of zigzag.
Today we may witness the Post Pattern Implication Of Zigzag after that i am again expecting fall.
As gold prices are below key moving averages as well as Weekly And Monthly SAR levels weakness is there,above that levels some strength will back.
Above Daily SAR level minor strength will come.Above given resistance as well as 4Hourly SAR level minor strength 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 Break 1269.50/1273.90 Then Only Some Upside Is Possible.Above Daily SAR level Short Term Strength Will Come.
Negative:-If XAU/USD Is Unable To Break 1269.50/1273.90 Then Some Downside Is Expected.
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Thank You.
Happy Disciplined Trading.
From last two sessions we witness to much complex pattern which is Diamond Shaped Diametric.
After the completion of Wave-G of diametric we witness fall in the form of zigzag.
Today we may witness the Post Pattern Implication Of Zigzag after that i am again expecting fall.
As gold prices are below key moving averages as well as Weekly And Monthly SAR levels weakness is there,above that levels some strength will back.
Above Daily SAR level minor strength will come.Above given resistance as well as 4Hourly SAR level minor strength 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 Break 1269.50/1273.90 Then Only Some Upside Is Possible.Above Daily SAR level Short Term Strength Will Come.
Negative:-If XAU/USD Is Unable To Break 1269.50/1273.90 Then Some Downside Is Expected.
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Your Suggestions And Feedback Are Welcome Also You Can Write Any Trading Related Query - neoxauusd@gmail.com
For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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