Last session we witness the fall in gold prices,and i was expecting one bounce and then expecting the fall but price is unable to achieve given upside range that showing some complicated pattern is there and at the end of session i labeled it as a diametric pattern and after that we witness the fall.(Check last image or Daily NEo Wave Plot).
As i have said in my weekly post Sell On Every Rise for targets 1240/1230 and much more, We are very near to my target.(Check Weekly NEo Wave Plot)
Today also i am expecting one bounce and then sell off in gold prices.
Gold prices are below important moving averages so intraday weakness is there.
If gold price goes above 4hourly SAR level then some strength will come.
Above Daily,Weekly,Monthly SAR level major trend may change.
(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 Cross And Hold For 30min Above 1255.90 Then Only Some Upside Will Come.
Negative :-If XAU/USD Is Unable To Cross 1251.99/1255.90 We Will Witness Some Downside Targets May Leads 1240/1230 and more.
--------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
As i have said in my weekly post Sell On Every Rise for targets 1240/1230 and much more, We are very near to my target.(Check Weekly NEo Wave Plot)
Today also i am expecting one bounce and then sell off in gold prices.
Gold prices are below important moving averages so intraday weakness is there.
If gold price goes above 4hourly SAR level then some strength will come.
Above Daily,Weekly,Monthly SAR level major trend may change.
(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 Cross And Hold For 30min Above 1255.90 Then Only Some Upside Will Come.
Negative :-If XAU/USD Is Unable To Cross 1251.99/1255.90 We Will Witness Some Downside Targets May Leads 1240/1230 and more.
--------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
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.
No comments:
Post a Comment