In last week we witness too much volatil moves in gold. First few days we witness some upside which will break the previous weeks high. and after that we witness some downside,but gold prices are unable to break 1165.20 and again goes up.
In last session we witness the fall in gold price as i was predicted in my last sessions report.(Check last image)
NEo Logic For Week-
Something expanding triangular activity is going on in gold.In last session we reached near to lower trendline of an expanding traingle and after that we witness some very fast bounce from that level.
In this week if gold breaks 1165.20 then only we have to think about diffrent scenario in gold.
In this week i am expecting some upside moves in gold prices which may leads targets like 1240.02 and more,this statment will be invaild if gold breaks 1165.20
Weekly Demand-Supply Levels-
Demand Levels::1152.96-1150.61(I will try to initiate buy position here)
Supply Levels::1210.76-1200.97(I will try to initiate sell position here)
When demand-supply level trig i will update on my facebook page.For my facebook page link check the last section of this post(Below images).
Gold prices are below some important moving averages as well as below some pivot levels so minor weakness is there.
Gold prices are above Daily and 4Hourly SAR level so minor strength is there.
But below Weekly and Monthly SAR levels Major weakness is there.
Monthly SAR level Updated.
(For SAR Level Check Second Last Image)
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Thank You.
Happy Disciplined Trading.
In last session we witness the fall in gold price as i was predicted in my last sessions report.(Check last image)
NEo Logic For Week-
Something expanding triangular activity is going on in gold.In last session we reached near to lower trendline of an expanding traingle and after that we witness some very fast bounce from that level.
In this week if gold breaks 1165.20 then only we have to think about diffrent scenario in gold.
In this week i am expecting some upside moves in gold prices which may leads targets like 1240.02 and more,this statment will be invaild if gold breaks 1165.20
Weekly Demand-Supply Levels-
Demand Levels::1152.96-1150.61(I will try to initiate buy position here)
Supply Levels::1210.76-1200.97(I will try to initiate sell position here)
When demand-supply level trig i will update on my facebook page.For my facebook page link check the last section of this post(Below images).
Gold prices are below some important moving averages as well as below some pivot levels so minor weakness is there.
Gold prices are above Daily and 4Hourly SAR level so minor strength is there.
But below Weekly and Monthly SAR levels Major weakness is there.
Monthly SAR level Updated.
(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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