Thursday, 11 September 2014

XAU/USD Daily NEo Wave Plot (12/09/2014)

What a fall we are witness in this week,my weekly first target is done as well as we are near to my second weekly target,sell given at 1271.90 near exact weekly high,I hope everyone earning money. (Check My Weekly NEo Wave Plot).
From last three sessions we are witnessing fall in the form of zigzag.We witnessing the triple zigzag pattern,For Confirmation need to break plotted trend line.After the breaking of trend line we will witness some upside so after breaking trend line don't hold short position and initiate the long position.(I Will Update On My Facebook Page).
Gold prices are below some important moving averages so short term weakness is there.
Above 4hourly SAR level minor strength will come.
Above Daily,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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Happy Disciplined Trading.




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