Xyz3dtrading
TOPGLOV can we can grab the "Auction Price" of Rm3.50 "easily"?!Whoever read "Fundamental News" knew That JP Morgan "Fair Price" for TopGlove is Rm 3.50.. Do we think that Mr. Market would help us making our bank account fatter easily by grabbing Rm3.50?! Probably Nope! It will "torture" us, testing the limits of our patience!!! Until we lost "our own belief"!
GOLD @ what price we could short for wave Z (yellow)? 5/7/21GOLD on its final wave down for the triple zig-zag wave. Short gold at around 1805 which is the confluence zone of 1)Next Supply Zone 2)Upper Trend line of the expanding ending diagonal pattern 3)4 hours 200 EMA resistance ..Stop Lost at 1826, target profit at around 1735
MAYBANK. possible at the wave (D)(cyan) of the triangle. 27/6/21MAYBANK Possible at the Wave (D) ( Cyan/light blue ) of triangle.. AND wave B (yellow) of triangle.. Price could retrace to around RM7.50 where there is confluence of 1) Up Trend Line Support 2)Next Major Demand Zone. 3)Lower Trend line support of triangle wave B (yellow) . Before resuming its up trend toward around RM 12.00
SP500.. FED: > = 0.05% ONRRP = < QE (Tapering). 19/6/21SP500. Instead of FED announcement of "possible" "tapering" QE on 2022/2023.. FED "actually".. increase The QNRRP ( Over Night Reverse Repo Program ) from 0% to 0.05% ( that is huge! for "just" over nite!!" ).. Where Do we think "those" "hot money" from equities etc market will flow to?!.. We "see" the "acceleration" of Gold's Price is more "aggressive" than equity market..Can it be possible for Big Players taking profits "fast" by unloading all Gold Longs positions. Before "heavy long again" for the sake of "hedging" "The Expected" coming "deep correction" from equity market?!