In last week we enjoy the entire upside move from exact low. I project all intraday as well as last weeks entire move all targets are posted on facebook page,Weekly target is posted in this post last image.(Check last image or check Last weekly report)
As we witness the last leg of expanding triangle,In google group posted all details about the expanding triangle.For join this group drop the mail.
NEo Logic For Week:
As we witness the last leg of expanding triangle its time to get the Post Pattern Implication of zigzag, As i was posted in google groups last post its very difficult to retrace the last leg of expanding triangle.99% of time price is not able to break low of last leg.
That means if my count is correct then we will never see 1167.97 for long time.
In larger pattern we have seen limiting contracting triangle breakout few weeks before and now we are again comming to the apex point of that limiting contracting triangle.
Today i will post some details about apex point in google group.
For this week 1238.53/1211.58 are two some important supporting levels and i am expecting the upside targets like 1325.74/1352.69 and more.But buying is not suggested till price broken 1296.80
We can see the upper trendline touch point is there,so better is buy after breaking trendline (Check first four charts.)
Demand-Supply Zone For Week::
In last week we witness gold is breaking more than two supply zones so short term bullishness intact.
Demand Level::1296.90-1284.69
Supply Level::1244.26-1224.92
Gold price is above all key moving averages as well as pivot levels so minor strength is there.
Gold price is above 4hourly,Weekly,and Daily SAR level so short term strength is there.But till its below Monthly SAR level so major trend is till down.
(For SAR level Check Second Last Image)
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Thank You.
Happy Disciplined Trading.
As we witness the last leg of expanding triangle,In google group posted all details about the expanding triangle.For join this group drop the mail.
NEo Logic For Week:
As we witness the last leg of expanding triangle its time to get the Post Pattern Implication of zigzag, As i was posted in google groups last post its very difficult to retrace the last leg of expanding triangle.99% of time price is not able to break low of last leg.
That means if my count is correct then we will never see 1167.97 for long time.
In larger pattern we have seen limiting contracting triangle breakout few weeks before and now we are again comming to the apex point of that limiting contracting triangle.
Today i will post some details about apex point in google group.
For this week 1238.53/1211.58 are two some important supporting levels and i am expecting the upside targets like 1325.74/1352.69 and more.But buying is not suggested till price broken 1296.80
We can see the upper trendline touch point is there,so better is buy after breaking trendline (Check first four charts.)
Demand-Supply Zone For Week::
In last week we witness gold is breaking more than two supply zones so short term bullishness intact.
Demand Level::1296.90-1284.69
Supply Level::1244.26-1224.92
Gold price is above all key moving averages as well as pivot levels so minor strength is there.
Gold price is above 4hourly,Weekly,and Daily SAR level so short term strength is there.But till its below Monthly SAR level so major trend is till down.
(For SAR level Check Second Last Image)
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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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