What week we witness,We write the entire fall from top on my last weekly report i was told to sell on rise and given upside levels for short that are 1271.90 and weekly high is 1271.78, I hope everyone enjoy the huge sell off in gold prices.(Please Check Last Image or Weekly NEo Wave Plot).
Last week we witness the double zigzag pattern,in this week either we will witness the x wave and third corrective or post pattern implication of double zigzag.
Double zigzag exactly match timewise as well as pricewise (Check First Image Red Box )
I think in this week is also trend will be down we will witnessing some more fall in gold prices.
Weekly candlestick chart suggested that something triangular breakout activity is going on.
Bull-Bear indicator suggesting that bears are more stronger than bulls.
If XAUUSD Is Able To Break 1264.90 Then We Can See Upside Targets Like 1293.76/1303.47 And More.And If Not Then We Will Witness More Fall Targets Like 1180 And Much More.
Gold prices are below important weekly as well as daily moving averages so short term weakness is there.
Above 4hourly as well as Daily SAR level minor strength will come.
Above weekly and monthly SAR level major trend may change.
Till below all SAR level major weakness is there
(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.
Last week we witness the double zigzag pattern,in this week either we will witness the x wave and third corrective or post pattern implication of double zigzag.
Double zigzag exactly match timewise as well as pricewise (Check First Image Red Box )
I think in this week is also trend will be down we will witnessing some more fall in gold prices.
Weekly candlestick chart suggested that something triangular breakout activity is going on.
Bull-Bear indicator suggesting that bears are more stronger than bulls.
If XAUUSD Is Able To Break 1264.90 Then We Can See Upside Targets Like 1293.76/1303.47 And More.And If Not Then We Will Witness More Fall Targets Like 1180 And Much More.
Gold prices are below important weekly as well as daily moving averages so short term weakness is there.
Above 4hourly as well as Daily SAR level minor strength will come.
Above weekly and monthly SAR level major trend may change.
Till below all SAR level major weakness is there
(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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