Xyz3dtrading
GOLD possible breaking 1835 & reach around 1868. 3/9/21GOLD price seem still staggering above 1800 .AND Cycle/Time is due... PLUS price seem forming a bullish triangle in lower time frame . LONG GOLD at around 1808 at wave e of lower time frame.. STOP LOST for Long at 1801, Target Profit around 1868 where are : 1) Long Term Down Trend Line (Red Dotted) 2) Next Major Supply Zone..... Instead of forming running flat pattern, GOLD possible forming ABC (yellow) expanding flat pattern where price will take some retailer stop lost level at 1835 and eventually price could reach at around 1868..
GBPJPY probably last leg up toward wave 5 (yellow) 2/9/21GBPJPY monthly/correction most likely will be completed at around 160 after completing its flat correction pattern with wave 5 (yellow)..Also Price level of 160 would be a confluence area of 1) Major Supply zone 2) Monthly Down Trend line .. Stop Lost for the long is 149.184
TOPGLOV most likely last leg down to around 3.40.. 30/8/21Congratulation for those still holding TOPGLOV stock!!... TOPGLOV as 1 of the 30 "Blue Chips" stocks comprising KLCI index which has turned into Bullish Sentiment. What could be the next move of TOPGLOV , HARTA AND KOSSAN ?...All 3's which making the "major contribution" to KLCI index.. Checking from TOPGOV's intraday price structure.. TOPGLOV most likely on its final leg down to complete its triple zig zag ( WXYXZ) (red circled) AND Wedge pattern where Bullish sentiment will be "on" at around RM3.400 at 1) Major Weekly Demand Zone 2)Weekly 233 EMA lines..
AT price may done wave B (Red Circled) 29/8/21AT price may found buyers at demand zone with double bottom pattern on lower time frame chart at around 0.050.
GOLD need to be capped below 1835 for resuming downtrend 28/8/21GOLD Price have broken 1810. Next Major Resistance will be 1835. For The validation of running flat pattern ABC (yellow) Price of Gold need to be capped below 1835, Short Gold as previous idea at around 1825, where there are 1)strong Resistance 2) Supply zone and 3)down trend line (red dotted line). Stop Lost at 1835.. Target Profit 1 at 1600
Well,well!. SPX have broken 4484 in all the high again! 25/8/21SPX price have broken 4484 price level which is previous idea of the max price length of wave 5 (yellow). By checking the structures price .. wave 3 (yellow) might be at 10 May 2021 instead of 16 Feb 2021.. Question now is how Far wave 5 (yellow) or The Leading Diagonal wave (A) (cyan/light blue) will hit its terminal?! Maybe at around 4550 High Level on the date of August 27, 2021 .The Level when Jackson Prepare "Jumping into" "The Hole"?!
GOLD short at around 1800. Updated 25/8/21GOLD price have broken sub-wave 4 at around 1800 ( Not shown on chart) of wave C (yellow). Most likely confirmed The Running Flat pattern ABC (yellow) completed. Short Gold for the pullback at around 1800 where previous support may become resistance. STOP LOST at 1810, TP1 @ 1600, TP2 @ 1580
US10 yrs yield VS Gold. 1.00 first then 2.00? 23/8/21I'm currently viewing US10 years bond yield as a "gauge" for negative correlation for Gold market instead of equity index e.g. SPX . As their correlation efficient rate now is about 80% ...And we might see 1 more leg up in US10 years Bund toward around 2.000 to complete last leg of tripe zig zag wave which is wave (Z) (Cyan /Light Blue)... So we might have 1 more leg down for Gold till around 24 Sept 2020..
GOLD maybe @ wave C(Yellow) of flat pattern. 18/8/21GOLD possible now at wave C (yellow) of running flat pattern . Where wave C (yellow) is shorter than wave B (yellow) . Meant Theoretically.... Price Should be "capped" below 1834 for the validation of the wave structure.. Although we've "seen" a "Long Tail" "Pin Bar" on weekly chart. But Current Price Movement "Ranging " between 1834 -1680 still look "Corrective"....
GOLD Maybe An Expanding Ending Diagonal in wave (C)(Cyan)17/8/21Gold Short at around 1815, Stop Lost at 1834... GOLD possible is forming an expanding ending diagonal in wave (C)(Cyan/Light Blue). Where the terminal of wave (C) could reach at around 1580. A Confluence Zone of 1) Weekly 233 EMA line 2) Lower Parallel Line of Channel 3) Lower Support Line of Expanding Ending Diagonal Pattern 4)Weekly Trend line Support 5) Next Major Monthly Demand Zone...