As i told in my last sessions report we witness the upside in gold price,and weekly trend is also up.
(Check Last Image)
Check Weekly NEo Wave Plot
As per NEo Wave logic We are witnessing last leg of the expanding triangle.The detail explanation about Expanding Triangle was posted in my google group/discussion forum.In today we will see the post pattern implication of expanding triangle as well as post construction logic.
For today 1220.69/1215.15 are two some important supporting levels and we will witness some upside till holding this level, and we will see the targets like 1245.14/1258.31 and more.
We can see trendline breakout on daily chart.
Demand-Supply-
Supply Level::1255.17-1245.27 This is very important supply range on daily chart , I am trying to find sell opportunity between this level.(Check forth chart)
Demand Level:: 1167.46-1181.08
Gold price is above some important key moving averages as well as pivot level so minor strength is there.
Gold price is above Daily,Weekly SAR level and below 4 hourly SAR level so short term strength will return above 4Hourly SAR level.
(For SAR level check second last image)
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Thank You.
Happy Disciplined Trading.
(Check Last Image)
Check Weekly NEo Wave Plot
As per NEo Wave logic We are witnessing last leg of the expanding triangle.The detail explanation about Expanding Triangle was posted in my google group/discussion forum.In today we will see the post pattern implication of expanding triangle as well as post construction logic.
For today 1220.69/1215.15 are two some important supporting levels and we will witness some upside till holding this level, and we will see the targets like 1245.14/1258.31 and more.
We can see trendline breakout on daily chart.
Demand-Supply-
Supply Level::1255.17-1245.27 This is very important supply range on daily chart , I am trying to find sell opportunity between this level.(Check forth chart)
Demand Level:: 1167.46-1181.08
Gold price is above some important key moving averages as well as pivot level so minor strength is there.
Gold price is above Daily,Weekly SAR level and below 4 hourly SAR level so short term strength will return above 4Hourly SAR level.
(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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