In last session we witness some sideways move with some possitve bias.After some impulsive move we always witness some corrective move.
Corrective move is having some important characteristic which is Its consume more time and cover small price distance. Most of trader getting traped in this sideways move.But NEo Wave Theory gives you a diffrent technic to treat the sideways move.
For today, First few hour i am expecting sideways move after that i am expecting some upside thrust.1225.80/1217.49 are important supportive levels which may lead targets like 1251.90/1259.62 and more.
Below supportive levels some weakness will come.
Gold prices are above some important moving averages so short term strength is there.
Gold prices are above 4Hourly,Daily And Weekly SAR levels so medium term strength is there.Above Monthly SAR level major trend change possible. (For SAR level Check Last Image)
------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
Corrective move is having some important characteristic which is Its consume more time and cover small price distance. Most of trader getting traped in this sideways move.But NEo Wave Theory gives you a diffrent technic to treat the sideways move.
For today, First few hour i am expecting sideways move after that i am expecting some upside thrust.1225.80/1217.49 are important supportive levels which may lead targets like 1251.90/1259.62 and more.
Below supportive levels some weakness will come.
Gold prices are above some important moving averages so short term strength is there.
Gold prices are above 4Hourly,Daily And Weekly SAR levels so medium term strength is there.Above Monthly SAR level major trend change possible. (For SAR level Check Last Image)
------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
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.
No comments:
Post a Comment