Blog is very near to complete one year of consistency. From last one year i am trying to post all NEo Wave updates,Basic technical updates,Demand-Supply levels,and SAR levels.
I have surprise to all blog followers. From today onword i am going to add one more important technical part which is related with auction theory (Market Profile).
--------------------------------------------------------------------------------------------------------------------------
From last three sessions we are witnessing upside in first few hours and after that fall in gold price, Price is unable to give faster retacement.
But Weekly Trend is till up.Check Weekly NEo Wave Plot
For today also 1196.93/1194.51/1188.22 are two important supporting levels and i am expecting short term targets like 1229.21/1245.83 and more.
I have adjusted lower trendline in Daily NEo Wave chart.(Check First image)
We can see the trendline resistance on 4hourly chart and we can see the lower trendline support in daily chart.
For the confirmation of lower trendline need faster retacement.
Below 1188.22 major trend may change.
Demand-Supply Zone::
In last session most of time price touch the demand zone but unable to break,More touch points makes the zone weak. If this demand/Supply zone breaks then i will update next zone on my facebook page.
Demand Zone::1199.18-1195.28
Supply Zone::1207.85-1205.55/1214.39-1211.39
Market Profile::
Daily-
VAH-1214.16
VAL-1204.55
Support -1190.19
Resistance-1266.42
(For Daily Check third chart )
Hourly:-
VAH-1204.55
VAL-1199.45
POC-1202
(For hourly check forth chart)
I will update next hourly market profile chart on my facebook page.
Gold price is below all key moving averages as well as all pivot levels, so minor weakness is there.
Gold price is below all SAR level,Minor strength will come above Daily and 4hourly SAR level.
(For SAR level check last image)
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Thank You.
Happy Disciplined Trading.
I have surprise to all blog followers. From today onword i am going to add one more important technical part which is related with auction theory (Market Profile).
--------------------------------------------------------------------------------------------------------------------------
From last three sessions we are witnessing upside in first few hours and after that fall in gold price, Price is unable to give faster retacement.
But Weekly Trend is till up.Check Weekly NEo Wave Plot
For today also 1196.93/1194.51/1188.22 are two important supporting levels and i am expecting short term targets like 1229.21/1245.83 and more.
I have adjusted lower trendline in Daily NEo Wave chart.(Check First image)
We can see the trendline resistance on 4hourly chart and we can see the lower trendline support in daily chart.
For the confirmation of lower trendline need faster retacement.
Below 1188.22 major trend may change.
Demand-Supply Zone::
In last session most of time price touch the demand zone but unable to break,More touch points makes the zone weak. If this demand/Supply zone breaks then i will update next zone on my facebook page.
Demand Zone::1199.18-1195.28
Supply Zone::1207.85-1205.55/1214.39-1211.39
Market Profile::
Daily-
VAH-1214.16
VAL-1204.55
Support -1190.19
Resistance-1266.42
(For Daily Check third chart )
Hourly:-
VAH-1204.55
VAL-1199.45
POC-1202
(For hourly check forth chart)
I will update next hourly market profile chart on my facebook page.
Gold price is below all key moving averages as well as all pivot levels, so minor weakness is there.
Gold price is below all SAR level,Minor strength will come above Daily and 4hourly SAR level.
(For SAR level check last image)
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
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.
No comments:
Post a Comment