In last session we witness some sideways move with some upside bias.
As a in weekly chart we are witnessing Limiting Contracting Triangle,Weekly trend of gold prices is remain up.
Check Weekly NEo Wave Plot
Trendlines Plays An Important Role In Financial Markets.
We can see in normal candlestick chart 4hourly Chart is touched upper trend line and having some contracting bias.(Check third Chart)
And we can see Daily Candlestick chart is having some expanding bias as well as prices are very near to upper trend line.(Check Second chart).
Today i am expecting some sideways move with some positive bias.1195.23/1186.88 Are important supporting levels.(Check First Chart)
Gold prices are above daily and weekly pivot level.
Last session we witness the breaking of 4hourly SAR level as well as daily SAR level so short term trend is remain positive.
Below Weekly and Monthly SAR level Gold prices trend is remain sideways with some negative bias for long term prospective.
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Thank You.
Happy Disciplined Trading.
As a in weekly chart we are witnessing Limiting Contracting Triangle,Weekly trend of gold prices is remain up.
Check Weekly NEo Wave Plot
Trendlines Plays An Important Role In Financial Markets.
We can see in normal candlestick chart 4hourly Chart is touched upper trend line and having some contracting bias.(Check third Chart)
And we can see Daily Candlestick chart is having some expanding bias as well as prices are very near to upper trend line.(Check Second chart).
Today i am expecting some sideways move with some positive bias.1195.23/1186.88 Are important supporting levels.(Check First Chart)
Gold prices are above daily and weekly pivot level.
Last session we witness the breaking of 4hourly SAR level as well as daily SAR level so short term trend is remain positive.
Below Weekly and Monthly SAR level Gold prices trend is remain sideways with some negative bias for long term prospective.
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For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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