Some sideways move we witness in last session,its just pause in short term trend.Better way to trade this market is just go with the larger pattern's Post pattern implication.
I have posted my larger pattern implication in my last weekly report.(Weekly Report).
Weekly trend is till downside as well as bull bear indicator also suggesting the weakness is there,So Sell On Every Rise Should Be Respected.
1240.90 is very important level for intraday above that small strength will come,otherwise downside rally continues.
As gold prices are below important moving averages so weakness is there.
Till below daily,Weekly,Monthly SAR level major weakness is there.Above Daily SAR level minor strength will come as well as above Weekly And Monthly SAR level major trend may change.
Above 4hourly SAR level short term 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.
I have posted my larger pattern implication in my last weekly report.(Weekly Report).
Weekly trend is till downside as well as bull bear indicator also suggesting the weakness is there,So Sell On Every Rise Should Be Respected.
1240.90 is very important level for intraday above that small strength will come,otherwise downside rally continues.
As gold prices are below important moving averages so weakness is there.
Till below daily,Weekly,Monthly SAR level major weakness is there.Above Daily SAR level minor strength will come as well as above Weekly And Monthly SAR level major trend may change.
Above 4hourly SAR level short term strength will come.
(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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