Tuesday, 30 December 2014

XAUUSD Daily NEo Wave Plot (31/12/2014)

Impulsive and some sideways  move we witness in last session,As weekly Trend is up.
Check Weekly NEo Wave Plot
For today also i am expecting some sideways move in first few hours and after that expecting one upside which may lead targets like 1221.43 and more,Important Supporting levels for today is 1193.13 
Daily Demand-Supply Levels:
Supply Level::1215.85-1232.70
Demand Level::1149.55-1191.88
As gold prices are above some important key moving averages as well as pivot levels so minor strength is there.
As in last session gold broken Daily and 4Hourly SAR level so short term strength is there,Below weakness will come.
(For SAR level check last image)
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