This is an update to my previous Gold analysis. I shared bullish sentiment when publishing my first analysis of XAUUSD on March 9th. I wanted to post the progression and how my analysis played out. From what I am seeing there was bearish move breaking through the 2,903 4H level and the 2,895 weekly key level. At the end of my previous analysis I had mentioned...
This is my weekly analysis for US30. After the introduction of tariffs we saw a decline of the Dow,price nearly retraced 100% from itsintial bullish move from the 41,750 Daily Key Level.I think this was a perfectly time correction that was inevitable after an almost parabolic amount of bullish momentum the past few months. I do believe that the down trend is...
The analysis here shows that we had a Daily Reject of the .618 Golden Zone at 2,840. Since then we have created market structure to the upside. Although we have not had a clean break of market structure, there is a head and shoulders pattern that has formed on the 4H time frame. If you bump down to the lower time frame there is another head and shoulders forming...