SteveTan

SteveTan

XAUUSD probably have completed a bullish triangle pattern in wave (b)(yellow). Probably will have a deep pullback toward 2404 +/- which is the daily order block /supply zone.

SteveTan

XAUUSD probably now in wave (c) ) yellow of bearish triangle on wave x (green) of double zig zag.

SteveTan

BTCUSD currently probably at wave (B)(Green), a second leg an expanding flat pattern (A)(B)(C) (Green) in wave B (Yellow Circled).

SteveTan

XAUUSD might building a base in a running flat pattern before a drop toward 2238 +/-.

SteveTan

XAUUSD possible wave counts. There will be more floor than ceiling so Shorting from swing high is better idea.

SteveTan

XAUUSD "sent" for "euphoria" after "better" than expected CPI report where traders expecting FED will cut rate soon BUT again the sentiment "changed" few hours after FED Powell's Come & play "Guesswork Games" restart again..So as today Core PPI? is all pre written script as people like "fairy tale stories"..

SteveTan

XAUUSD possible trending up for wave e ( Blue circled) on an expanding triangle in wave B (red).

SteveTan

XAUUSD probably will have 50%/ 61.8% pullback until Wednesday Core CPI report. P/s it's better to short than long as there will be more "floor" than "ceiling" levels.

SteveTan

XAUUSD need to form a base (possible triangle) before breaking A.T.H again. Interestingly Gold price drop more than $40 before the release of today NFP data.

SteveTan

NVDA's 1890 (189 after splitting ) is next major resistance where price meet time by end of the year ( right after US election).

SteveTan

SPX500 chart seem like will have another potential gain of 30.5% +/- ( from 5075 +/- till 6600 +/-) up until US election

SteveTan

XAUUSD is forming a bearish triangle now as a "base" for a big "drop". So price most probably will be capped below 2359.725 before trending down toward 2230 +/-.

SteveTan

XAUUSD possible completed wave (2)(Green) with running wave WXY (red). Sell gold gain if price retrace to 2345 +/-.

SteveTan

XAUUSD probably trending down toward wave (b) yellow of expanding flat (a)(b)(c)(yellow) in wave in b (blue circled). Probably a "good news" for gold on this coming Friday Core PCE Price Index.

SteveTan

XAUUSD possible forming a BIG base with deep footing (double three pattern) before rally. Price could reach 2180 +/- which is confluence a zone of : 1) Fibo extension 1.618 from wave W to Y (yellow circled) 2) Bullish Harmonic Pattern 3) 233 EMA (white) 4) Lower Support Trendline (blue) of wedge/ending diagonal pattern.

SteveTan

Topglov have broken major resistance with daily bar ( ONLY the higher time frame e.g daily, weekly chart where big player have holding / longer power ) closed above 1.25 with "Momentum" Breakout Bar (check chart detail).

SteveTan

XAUUSD probably reached wave (B)(Green) and price may surging up to 2500 +/- as "roller coaster" sentiment from uncertain rate cut by Sept by The FED.

SteveTan Updated 

XAUUSD possible forming a triangle pattern in wave B (Red). Lock your short position to risk free with price set to breakeven.. if you were short at 2428 +/- from last ideas and let the profit run