Price action zone : 1.61093 - 1.37620 Invalidation : 0.74927 Target : 2.35709
Hidden bullish divergence on Weekly Chart has formed. This suggest the bullish move will take place anytime soon. Weekly GOLD chart shows its still in big wave 4. Any significant bullish movement will signal buying opportunity. Buy zone : 1728.913 - 1615.959
We suggest KLCI has reached 1769.43 - 1638.81 Price action zone. Formation X wave might have ended. Invalidation - 1894.95 Target - 1208.18
Rumors on SEC attacked on XRP might frighten all investors around the world. Technically, its a good opportunity for buying XRP while its there. Invalidation - 0.09306
GOLD has bearish from august 2020 until now. We will look forward more bearish until 1728.34 where price action should be monitored to join any upward wave ((v)) continuation.
Further downside KLCI indicates correction a-b-c taking place. 1412 , fifty percent of ((a)) wave would be adequate option for buying, further downside will lead to 1363 - sixty one percent of ((a)) wave. Invalidation - 1208.18
Wait for any channel breakout. Invalidation 1.31744
Invalidation : 1.54240
Invalidation : 139.295
Bearish struggle last week looks like have potential to break the daily trend line. Wave iii spotted. Expecting more free fall with target : 129.609 Invalidation : 136.354
GOLD rally towards 1747 needs to breach 1765.008 to go further bullish. Failure to do so, bearish market is expected for formation Y of (IV) wave structure. Invalidation : 1765.008