I have formed one google group for disscussion regarding trading strategies as well as circulating some intresting e-books.To join my
group enter your e-mail id's in comment box or mail me your e-mail
address in neoxauusd@gmail.com.
Thank You.
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In last week we witness some sideways and upside moves as i told in my last weekly report.Check last image or check Last weekly report.(Check Last Image)
NEo Logic-
Something Expanding Triangular activity is going on in gold price.This pattern will be invalid if gold price broken 1165.02,then we have to think about alternative counts.(Check First Image)
This week we may witness the last leg of the expanding triangle,which may come as zigzag or impulsive form.
For this week 1202.47/1189.30 is important supporting levels and i am expecting upside targets like 1245.14/1258.31 and more.(Check First Image)
We can see on Daily Chart Long term trendline is broken.(Check Second Image)
Weekly Supply-Demand::
Supply Level:: 1238.14-1224.05(I will try to find selling opportunity in this range.We may get the minor degree Wave-B which may leads the targets of supporting levels which is 1202.47/1189.30 and then i will buy for targets 1245.14/1258.31)
Demand Level:: 1152.96-1150.61
(Demand Supply Videos i will update/post on my Google group.To join group read first section of group details)
(For demand supply levels check 4th image)
Gold prices are above some important moving averages as well as pivot levels so minor strength is there.(For pivot levels and moving averages check Second last image).
Gold prices are above Weekly,Daily and 4 hourly SAR level so Short term strength is there,Till below Monthly SAR level major trend is till down.
(For SAR level Check Second Last Image)
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Thank You.
Happy Disciplined Trading.
Thank You.
------------------------------------------------------------------------------------------------------------------
In last week we witness some sideways and upside moves as i told in my last weekly report.Check last image or check Last weekly report.(Check Last Image)
NEo Logic-
Something Expanding Triangular activity is going on in gold price.This pattern will be invalid if gold price broken 1165.02,then we have to think about alternative counts.(Check First Image)
This week we may witness the last leg of the expanding triangle,which may come as zigzag or impulsive form.
For this week 1202.47/1189.30 is important supporting levels and i am expecting upside targets like 1245.14/1258.31 and more.(Check First Image)
We can see on Daily Chart Long term trendline is broken.(Check Second Image)
Weekly Supply-Demand::
Supply Level:: 1238.14-1224.05(I will try to find selling opportunity in this range.We may get the minor degree Wave-B which may leads the targets of supporting levels which is 1202.47/1189.30 and then i will buy for targets 1245.14/1258.31)
Demand Level:: 1152.96-1150.61
(Demand Supply Videos i will update/post on my Google group.To join group read first section of group details)
(For demand supply levels check 4th image)
Gold prices are above some important moving averages as well as pivot levels so minor strength is there.(For pivot levels and moving averages check Second last image).
Gold prices are above Weekly,Daily and 4 hourly SAR level so Short term strength is there,Till below Monthly SAR level major trend is till down.
(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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