As i told in my weekly report we heading towards 1240-1230,we witness fall in last session after some bounce. In last session also given exact level for selling high made 1271.78 given level 1271.90 (Check Weekly Report).
Today also i am expecting the little bounce and then fall,Fall like second corrective in the form of zigzag targets may leads 1243.08/1238.25(Check First Image).
We can see the bounce upto the 1259.05/1263.98 (Check first image). Bullish Scenario Open only above that level.(I Will Update On Facebook).
Bears are having more power than bulls(Check second last image)
Gold is below all important moving averages so intraday as well as short term weakness is there.
If gold goes above Daily/Weekly/Monthly SAR level then major trend may change.
Above 4 Hourly 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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Thank You.
Happy Disciplined Trading.
Today also i am expecting the little bounce and then fall,Fall like second corrective in the form of zigzag targets may leads 1243.08/1238.25(Check First Image).
We can see the bounce upto the 1259.05/1263.98 (Check first image). Bullish Scenario Open only above that level.(I Will Update On Facebook).
Bears are having more power than bulls(Check second last image)
Gold is below all important moving averages so intraday as well as short term weakness is there.
If gold goes above Daily/Weekly/Monthly SAR level then major trend may change.
Above 4 Hourly 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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For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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