As i given in my last sessions report 1259.05 is the resistance for the gold and gold makes high 1258.03 i hope last session also all followers earn money.(Check Last Image or Check My Last Daily Report)
As well as i am giving the larger pattern implication on gold prices in my weekly report that report also suggested that sell on rise.(Check My Weekly NEo Wave Plot)
Let's discuss more about last session,We can see price resisted at given level after that we witness the fall in gold prices,but at the end of session we can see the recovery of prices.When gold price breaks 1259.05 then we will see some more strength.
Bull-Bear indicator suggesting bears are becoming more strong and bulls are loosing the control.(Check Forth chart)
As well as we can see the gold prices are below important moving averages,so intraday weakness is there.
For today 1251.41/1253.85 Are important supports.
1261.75/1264.19 are important resistance please tread according to given levels in first chart.
Minor strength will come above 4hourly SAR level ,major strength only above daily SAR level.
Above Weekly and Monthly SAR level major trend may change.
(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.
As well as i am giving the larger pattern implication on gold prices in my weekly report that report also suggested that sell on rise.(Check My Weekly NEo Wave Plot)
Let's discuss more about last session,We can see price resisted at given level after that we witness the fall in gold prices,but at the end of session we can see the recovery of prices.When gold price breaks 1259.05 then we will see some more strength.
Bull-Bear indicator suggesting bears are becoming more strong and bulls are loosing the control.(Check Forth chart)
As well as we can see the gold prices are below important moving averages,so intraday weakness is there.
For today 1251.41/1253.85 Are important supports.
1261.75/1264.19 are important resistance please tread according to given levels in first chart.
Minor strength will come above 4hourly SAR level ,major strength only above daily SAR level.
Above Weekly and Monthly SAR level major trend may change.
(For SAR Level's Check Second Last Image,For Latest Hourly SAR Level Check On Facebook)
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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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