In last session we witness the inside day pattern, Inside day pattern is the pause in trend.
We witness some positive biased moves in gold, As a weekly trend is up. We witness the move which is projected on fridays daily report.(Check last image)
(Check Weekly NEo Wave Plot)
For today we may witness the Wave-B and Wave-C of zigzag.
1264.09/1259.26 are two important supporting levels and i am expecting targets like 1291.73/1296.56 and more.
Below 1252.02 minor weakness will come.
Demand-Supply Zone::
Demand:: 1264.58-1258.62
Supply::1298.99-1295.12
Gold price is above all important moving averages as well as pivot levels, so minor strength is there.
Monthy SAR level updated.
Gold price is above all so major strength is there,Below daily SAR level minor weakness will come.
(For SAR level chack second last image)
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Thank You.
Happy Disciplined Trading.
We witness some positive biased moves in gold, As a weekly trend is up. We witness the move which is projected on fridays daily report.(Check last image)
(Check Weekly NEo Wave Plot)
For today we may witness the Wave-B and Wave-C of zigzag.
1264.09/1259.26 are two important supporting levels and i am expecting targets like 1291.73/1296.56 and more.
Below 1252.02 minor weakness will come.
Demand-Supply Zone::
Demand:: 1264.58-1258.62
Supply::1298.99-1295.12
Gold price is above all important moving averages as well as pivot levels, so minor strength is there.
Monthy SAR level updated.
Gold price is above all so major strength is there,Below daily SAR level minor weakness will come.
(For SAR level chack second last image)
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For Intraday Update-Facebook-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
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