Tuesday, 27 January 2015

XAUUSD Daily NEo Wave Plot (28/01/2015)

We witness the sideways and upside move in last session,I have given exact entry point for buying on my facebook page i hope everyone makes money.
As i have said weekly trend is sideways up,We have to find the opportunity to buying in lower time frame like daily of 4hourly chart.
Check  Weekly NEo Wave Plot

For today 1287.94/1281.65 are two important supporting levels,And i am expecting intraday targets like 1307.24/1313.53 and more.(Check first chart)
Below 1271.22 weakness will come.
We can see the trendline support on 4hourly chart,and resistance on daily chart.(Check second and third chart)

Demand-Supply Zone:-
Supply Level::1305.95-1302.98
Demand Level::1281.76-1280.27

Gold is above all key moving averages as well as pivot levels so minor strength is there.
Gold is above 4hourly,Daily and Weekly SAR level so major strenth is there.Above monthly SAR level more strength will come.
(For SAR level check last image)
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Happy Disciplined Trading.

 

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