Gold. Breaking 1680 w/ 52 wks low! 1400 is next! 16/ Sept/22.Gold. By breaking 1680 critical support. I have to review the big outlook of gold chart ( And gold has inverted medium Cycle which I’ve missed it )..its previous cup and handle pattern might “shift to” a big triangle pattern ( ranging /base) in wave in (IV)(yellow)...Apparently FED “prefer” $ cash is king = US dollar/ 10 years bond “ not stocks even “smashing” gold! Which used to hedge inflation. Gold price probably drop another 15% or -150% if you are trading x 10 sport gold by leveraging! reaching around 1400 by end of 2022 or early 2023..So..sell on gold on any pullback toward the red upper line of declining parallel channel inside wave B ( Red Circled) is the best choice ( will update detail in next chart) P/s.1430-1400 would be the confluence zone of 1) Major up trend line zone ( cyan color) 2) wave C (Red Circled) @ 1430 is Fibonacci extension 1.618 of wave A ( Red Circled) 3) 1400 are the next major monthly Orderblocks/ demand Zone..
Xyz3dtrading
Topglove. Catching falling knife ( downtrend) w/ glove. 15/09/22Topglove. Are you interested to know how to catch a “falling knife” with gloves? Or Topglove more specifically?..Let do some “microsurgery” first with “Topglove” “zooming” into this “ Zone C yellow” to see where it’s centre of cancer location and before cutting its “cancer tumors” with while you might be “hurt” “many times” by catching “falling knife / downtrend “ in surgery room.
Topglove. Where is its orderblock & CHoCH lvl? 9/Sept/22Topglove “Conservative” traders may wait price to break RM1.140 which is CHoCH level ( subwave wave B (yellow) of last impulsive wave 5 ( Cyan Circled) to “ confirm the “long term” downtrend is “game over “ and waiting to buy at “pullback “ after the “ break out.”
Gold. Its OB, And more importantly where its CHoCH? 9/Sept/22Gold. As a “contribution” to tradingview ( many thanks to tradingview for providing such a good free charting platform) community ( Today I’m going to share my own interpretation of OB ( order blocks), and most importantly where is the “exact “ location/pivot/level of CHoCH ( change of character)?. A concept with BOS ( break of structure) which has been used by advanced naked/ Price action trading traders without any indicators. . It will cut “novice traders” learning curve from 3-5 years even 10 years where they are searching for “holy grail “ trading system/indicators..The biggest question for this concept of trading will be “where” is the exact location of CHoCH? ( change of character = change of “previous underlying trend” )..The “ANSWER” is! = at subwave b of any last leg of impulsive wave which is wave 5. < p/s unlike conventional Elliottwave rule there is ONLY abc subwaves “inside” any impulsive wave..> Last but least many thanks to @makuchaku and @Efe for coding the such a great “super OrderBlock..” script/ indicator which help us/traders to “visualize “ where is OB, FVG Although we still need to find where is “CHoCH” “manually”..
Gold. Short again @1770. Elliott wave updated 23/August/22Gold might just completed wave a ( green circled ) as chart. Wave b ( green circled ) probably “stalled “ @ around 1770 which are “confluence zone” of 1) Volume Profile P.O.C ( red horizontal line ) plus.. 2) Upper line of declining channel ( Red)..
Crude Oil. Its dynamic/ Astro cycle. 11/ August/22 “Crude” Oil. The “mother/father” of “all” inflations probably on its last “leg up” soon @ around 87.98 toward around 118..So..So..All stocks/equities market will probably “end” its crashes ONLY around last quarter of 2022. P/S Crude Oil movement is “governed” by planet Saturn and Neptune. The Purple 7, 8 ( dynamic cycle ) are based on “cycle” counts with “statistics “...
Gold.medium term Conventional” E.W v.s “real” waves. 5/August/22Gold medium term “conventional “ Eliott wave counts V.s. “real” waves counts..E.g..: Based on the “speed / Z-factor” Plus + Price “contained “ within the Red parallel Channel = ( is corrective waves) :- “Real” wave counts = (W)(X)(Y)(cyan/light blue)
Nasdaq. She definitely good in timing” the market. 2/ August/22.Nasdaq. It’s probably untold “fake news” that she has “good portfolio” in stocks....Crisis was “created” by human not dinosaurs or tigers. Or Mars hitting Venus where no human living there. So “ mini boss” “visiting” Taiwan will make e-mini crashed another -31.30% ??!!