SP500 index may have completed its wave B ( Red Circled) of its expanding flat pattern ABC (Red Circled). Where price have formed a Doji candle on 26 Oct 2021 @ 2 red upper trend line (Red Dotted).. Price could have about 9.89 % drop from current price of around 4550 toward around 4100 which are 1) Next Major Demand Zone ...2) Lower Parallel Line Support (Red) ...
If RM 4.45 support broken. The Next Major Support/ demand Zone could be around RM3.50 which is also the weekly 200EMA line..
SP500 Index probably 1 more leg up toward around 4300 to complete wave A ( cyan circled ) just after FED 17 June 2021 FED Decision..Equity and Commodity Market/ Metals Could have deep retracement for few weeks or month after the FED announcement
TOPGlove price have reached its right shoulder at around RM4.75 , and testing Quasimodo level + demand zone
GOLD possible could be in double three irregular complex pattern wxy waves ( green circled ).. Stay Aside... waiting for short at around 1912 at Quasimodo level , Stop Lost at 1917... OR waiting for long at around 1840-1830...
Gold , short for wave A (yellow) of the expanding flat. Stop Lost at today ( 3 June 2021 ) high 1910... Target Profit around 1950-1940 ( where there are the "zone" for demand /4 hours 200ema/ daily uptrend line and pullback area for monthly down trend breakout) untill next Monday after this coming Friday NFP..