In last session we witness some sideways moves.Something Diamond shaped diametric is forming on daily chart and Bow tia diametric is on lower time frame.
Weekly Trend is up.(Check Weekly NEo Wave Plot)
Diametric is the most difficult pattern to trade.But with the help of tech table and demand supply we can intiate the position.
From today i will post the three report in day,one is daily report and more two of chart and tech table update.
For today 1276.20/1271.17 are two imporant supporting levels and i am expecitng targets like 1307.24/1313.53 and more.
Below 1264.11 weakness will come.
Supply-Demand Levels:
Supply::1298.99-1295.11
Demand:: 1278.13-1274.74 (Supply-Demand also suggesting buy near support zone)
Gold is above all key moving averages as well as pivot levels so minor strength is there.
Gold is above Daily and Weekly SAR level so minor strength is there,above 4Hourly and Monthly SAR level more strength will come.
(For SAR level check last image)
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Thank You.
Happy Disciplined Trading.
Weekly Trend is up.(Check Weekly NEo Wave Plot)
Diametric is the most difficult pattern to trade.But with the help of tech table and demand supply we can intiate the position.
From today i will post the three report in day,one is daily report and more two of chart and tech table update.
For today 1276.20/1271.17 are two imporant supporting levels and i am expecitng targets like 1307.24/1313.53 and more.
Below 1264.11 weakness will come.
Supply-Demand Levels:
Supply::1298.99-1295.11
Demand:: 1278.13-1274.74 (Supply-Demand also suggesting buy near support zone)
Gold is above all key moving averages as well as pivot levels so minor strength is there.
Gold is above Daily and Weekly SAR level so minor strength is there,above 4Hourly and Monthly SAR level more strength will come.
(For SAR level check 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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