XAUUSD Daily NEo Wave Plot (18/12/2014)

In last session first few hours we witness some sideways move and after the event we see the fall in gold prices as i said in my last sessions neo wave report we witness the fall,but fall get truncated and now we are witnessing some upside in gold prices.(Check last image)
Weekly NEo Wave plot is still suggesting some downside possible in gold prices.(Check Weekly NEo Wave Plot )
For Today 1203.41/1208.25/1216.67 are important resistance levels and expected target is 1165 and more. Bullish scenario is open above only 1224.13
Gold prices are below some important moving averages so short term weakness is there.
Gold prices are below all SAR levels so major weakness is there.
Above 4hourly and Daily SAR level minor strength will come,Short term trend will change above only Weekly SAR levels.
(For SAR level Check second last image)
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