SP500 finally hit 4578! are u "excited"?! 30/Nov/23SP500 will break All Time High ( 4820.40) ?! by 2024? ..((FED'S BARKIN: TALKING ABOUT RATE CUTS IS PREMATURE.)). Let see what "geometry and of price" told us in next 2,3 months ahead.
Xyz3dtrading
Gold probably start "retracing" @ 2060 +/-. 29/Nov/23XAUUSD We are still in wave 3 (yellow) where its price probably end at 2060 +/-.
USD probably "bottomed" @ 102 +/-. 29/Nov/23Dollar Index aka DXY currently on wave III (blue) before a pullback toward wave IV (blue) before final leg down on wave V (blue) @ 102 +/-.
Tesla probably "peaked" @ 250 +/-. 28/Nov/23Tesla still completing wave c (green Circled) at 250+/- which is last leg of running flat pattern in wave B (yellow circled), before a "crash" of 26.8 % toward 183 +/-
Apple waiting to "take profit"? 28/Nov/23AAPL probably just completed wave B ( Red Circled) which is an expanding flat (A)(B)(C) (Blue). So probably a -20.02% "crash" toward 148 +/-
JTIASA. Palm Oil Related Stocks. 28/Nov/?23JTIASA, which business involved mostly on palm oil, just completed wave 2 ( Red Circled ) as a base for rally.
Gold. where to long for 2040 +/-. 27/Nov/23XAUUSD Asia Monday breakout which formed order block /breaker block at 2004 +/- as good zone for long toward 2040 +/-
Gold's price is squeezing into 2065 +/-. 27/Nov/23XAUUSD. Beware of major reversal when its price getting tightened toward major resistance/ liquidity zone @ 2065 +/- as its price probably forming an ending diagonal pattern /structure.
Gold's 190 years chart since 1833. 24/Nov/23Gold. we are at muti year triangle = sideway now, this triangle probably only completed by 2025 as we are still at wave (c)(blue) of the triangle on monthly chart ( pls refer to zoom in pic).
P/s. 99.9% of Elliotticians ( traders who practise elliott wave ) hardly achieved consistent waves counts as 99.9 following "textbook" written rules that 1,3,5 impulsive waves consist of 5 waves BUT in "fact" it consist of only ABC subwaves.
Gold. why we should keep gold as 1 of asset. 24/Nov/23Gold / XAUUSD (future) as an "touchable asset" for "ancient mankind" to "accumulate" wealth VS "equities market" an "virtual asset" for "modern mankind" to "accumulate" wealth. As US SP500 index = benchmark / gauge for where is the "richest men on earth wealth's "performance". One should understand and "read" where "the modern capitalisms" run without "bias" due to all medias "promoting" where should we invest our money. Beside many "Brokers" from Stocks, Real Estate etc not gold...
Gold is on Bullish triangle, so we'll see 2065 +/-. 22/Nov/23XAUUSD, by checking its internal Z-factor (speed) GOLD is probably forming a bullish triangle, currently its price is moving down toward wave e (green circled) of triangle... Hence gold's price probably will reach 2065 +/- by mid of December.
Gold. where to long for 1995 +/-? 15/Nov/23XAUUD's 1958 +/- is confluence zone of 1) Breaker Block 2) Order Block 3) Median line of Pitchfork.
Gold maybe "pullback" max to 1995 +/-. 15/Nov/23XAUUSD's Bias = AS USD almost approaching 103.50 +/-. Gold could possible only "reach" @ 1995 +/-
US 10 Years Bond Yield 233 years old chart since 1790. 14/Nov/23US 10 years treasuries yields long term chart since 1790 is forming an expanding flat pattern ABC (Red), where it probably just completed wave II ( Blue Circled) = the first pullback of long term downtrend impulsive C wave ( Red )( further detail in next lower time frame chart ).
Gold still possible to reach 2050-2065. 14/Nov/23XAUUSD possible found its "base" @ 1930 +/-. which is a confluence zone of 1) Order Block 2) Fibo 38.2% 3) Parallele line support of pitchfork ( thick blue). Long gold @ 1940 where there was a hourly order block.
USD could "pullback" untill 103.50 +/-. 14/Nov/23DXY / Dollar Index could have a further decline until 103.50 +/-. Which is a confluence zone of :- 1) Order Block 2) Fibo 50% 3) Parallel line of pitchfork.
SPX could reach 4578 +/- Before -20%. 12/Nov/23SPX, by breaking last high, SPX probably just formed wave 2 (yellow) of an expanding flat pattern of wave (C)( Blue). Where price could reach 4578 +/- and making the border of upper triangle "clearer".
US10 years Bond Yield probably "peak". 10/Nov/23US Bonds probably the "Most Highly Bought Bonds" by any Countries's govermnt in the world (as safe haven). Time to buy US Bond ETF? E.g TLT, AGG, IEF etc?. What do you think saving money in US FIXED deposit bank aiming for 5% +/- gain ( while waiting for US dolar depreciate against most currencies pair) or buying US Bonds ( which is the inverse of US Bonds Yield ) or GOLD!? ( I Prefer Gold).
Maybank possible -11.89% pullback. 10/Nov/23Maybank possible the last "golden opportunity" for gaining 61% ( from 8.00 to 12.88 +/-) by end of 2025 ( before a deep pullback again )
SP500 possible "V- Turn". 10/Nov/23SPX Checking from its internal waves structure, SP500 possible "V turn" without reaching 4400.75
Gold possible still trending down toward 1925 +/-. 10/Nov/23XAUUSD possible still trending down toward 1925 +/-. where there is a confluence zone of :- 1) Order Block 2)Trendline support.
SP500's cat is "dead' or "alive"? 9/Nov/23SPX price closing to the "equal high" @ 4400.75.. Waiting for the "cat" to catch its "rats/bait".. Coming...Yummy yummy yum yum..
Gold may just completed neckline of head & shoulder. 9/Nov/23XAUUSD possible just completed wave A (Blue Circled). Control our margin used for long position as we "not sure" which floor levels are for the "base for drop" yet but "ceiling" = Prefer Short.
