Tuesday, 23 September 2014

XAUUSD Daily NEo Wave Plot (24/09/2014)

As i told in last session above 1222.29 some minor strength will come,and we witness some upside till 1235.54 .
After a 2 weeks bull bear indicator showing some strength is bulls so 1235.54 is my stop loss for selling.
For Today 1225.82/1229.54 are important levels for gold prices above this levels some strength will come,if not able to cross given levels then we can see more fall in gold prices.
As gold prices are below 4 important moving averages so short term weakness is there.
Above Daily SAR level minor strength will come.
Above Weekly And Monthly SAR level Major Trend May Change.
Below 4hourly SAR level more weakness will come.
(For SAR Level's Check Second Last Image,For Latest Hourly SAR Level Check On Facebook)
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