In last session we witness some upside in gold and my Weekly as well as Intraday target is done.
(Check last image for intraday target)
Check Weekly NEo Wave Plot
As per my Weekly NEo Wave chart we are witnessing some expanding triangle activity in gold price,and we are in last leg of expanding triangle.In last day i was posted advance progress label application for exanding triangle.And today i will post the post pattern implction of expanding traingle in my google group.To join group post the mail.
For today 1251.33/1241.79/1236.21 are important supporting levels and i am expecting targets like 1280.93/1291.07 and more.
We can see trendline breakout on daily chart as well as we can see trendline support on hourly chart(Check second and third chart)
Demand-Supply Levels:-
Demand::1204.47-1218.61
Supply::1284.20-1289.80
In last session as well as from last few session price is not respecting supply levels,so uptrend intect.
Gold price is above all important moving averages as well as all pivot levels so minor strength is there.
Gold price is above Daily,Weekly and 4Hourly SAR levels so short term strenth is there,but till below Weekly SAR level.
(For SAR level check second last image)
--------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
(Check last image for intraday target)
Check Weekly NEo Wave Plot
As per my Weekly NEo Wave chart we are witnessing some expanding triangle activity in gold price,and we are in last leg of expanding triangle.In last day i was posted advance progress label application for exanding triangle.And today i will post the post pattern implction of expanding traingle in my google group.To join group post the mail.
For today 1251.33/1241.79/1236.21 are important supporting levels and i am expecting targets like 1280.93/1291.07 and more.
We can see trendline breakout on daily chart as well as we can see trendline support on hourly chart(Check second and third chart)
Demand-Supply Levels:-
Demand::1204.47-1218.61
Supply::1284.20-1289.80
In last session as well as from last few session price is not respecting supply levels,so uptrend intect.
Gold price is above all important moving averages as well as all pivot levels so minor strength is there.
Gold price is above Daily,Weekly and 4Hourly SAR levels so short term strenth is there,but till below Weekly SAR level.
(For SAR level check second 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