Tuesday, 27 May 2014

XAU/USD Daily NEo Wave Plot (28.05.2014)



What a sharp fall we witness last night that was a breakout after completion of diamond shaped diametric, This fall is come in the form of double corrective.

First Corrective is over now we are in wave C of Second corrective means more fall we will witness today which is at list 61.8% of wave a means today we will witness the levels like 1256.94/1250.19 if market is go above 1268.80 then we have to revisit our counts.

Thank You.
Happy Disciplined Trading.

Monday, 26 May 2014

XAU/USD Daily NEo Wave Plot (27.5.2014)



Initial Watch:-
Today We Will Witness Some Upside Like 1298.15/1301.21, Only Some Weakness is possible if market is unable to hold 1290









NEo Logic’s :-
We are in last leg of Diamond Shaped Diametric We will witness breakout today.
Happy Disciplined Trading.