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On the daily timeframe, we identify two possible scenarios for XAUUSD. Under the red label, as long as XAUUSD remains above the 3,245 level—serving as a stop-loss—there is potential for further upside to test the 3,378–3,500 area. However, in the worst-case scenario illustrated by the black label, if XAUUSD breaks below its key support, the next downside target...

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On the 1-hour timeframe, I estimate that XAUUSD is currently forming wave c of wave b of wave (a). This implies that XAUUSD still has the potential to strengthen, testing the 3379 level and possibly retesting the resistance area at 3403. However, caution is warranted going forward, as this outlook reflects the bearish scenario for XAUUSD.

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On the 1-hour timeframe, I estimate that XAUUSD is currently at the end of wave v of wave (c). This suggests that the recent correction is relatively limited, having already tested the 3096–3122 area. Going forward, XAUUSD has the potential to strengthen toward the 3192–3250 zone.

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There remains a potential for USOIL to strengthen on the weekly timeframe, where it is currently expected to be forming wave (b) of wave within a diagonal pattern. This suggests that the upside area to watch lies in the range of 64.92–70.96.

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The current position of the DXY is estimated to be in wave ii of wave (c) of wave . This implies that the DXY remains vulnerable to a correction toward the 100.244–100.905 area. Subsequently, there is a potential for a rebound, with the index likely to retest the 102.563–103.143 zone.

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On the daily timeframe, the Dow Jones movement currently presents two possible scenarios. Under the black label, there is a potential formation of a triangle pattern, suggesting that the Dow Jones may enter a prolonged consolidation phase to complete wave B, with an expected range between 38,200 and 40,400. However, under the red label (alternative scenario), a...

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On the 1-hour timeframe, I anticipate that XAUUSD remains vulnerable to further correction, at least to retest the 3303–3322 area. Subsequently, as long as XAUUSD is able to stay above 3273, there remains a short-term opportunity for a rebound toward the 3356–3376 area.

herdityawicaksana Updated 

The DXY remains in a prevailing downtrend, and I estimate that it is currently in the final stages of wave (v) of wave . The correction is projected to extend toward the 97.023–97.739 area. Meanwhile, the nearest potential rebound zone is located between 99.690 and 100.764.

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As I previously mentioned, the upside potential in XAUUSD appears relatively limited. At present, I estimate that XAUUSD is forming wave iv of wave (v) as indicated by the black label (best-case scenario), suggesting a potential correction toward the 3,228–3,292 range. Should this scenario hold, the next bullish target lies within the 3,483–3,561 area. However,...

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Currently, I estimate that under the best-case scenario (black label), the Dow Jones is forming wave of wave B. This implies that the upside movement is likely to remain limited, with a potential retest of the 39,310–39,649 area. Caution is advised for a possible reversal, especially if the Dow Jones fails to break above the 40,791 resistance level.

herdityawicaksana Updated 

Currently, I estimate that XAUUSD is nearing the end of wave iii of wave (v). I present two potential scenarios: In the black label scenario, XAUUSD may continue its upward movement to complete wave iii, with a projected target in the 3,372–3,410 range. However, under the red label scenario, there is a possibility of a short-term correction toward the...

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I estimate that JPYIDR is currently in its uptrend phase, forming part of wave (iii) of wave . This indicates that JPYIDR still has room to strengthen, with the nearest upside target projected in the 122–128 range.

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I currently estimate that the Dow Jones is in the early stage of wave B of wave (B), as indicated by the black label. This suggests that the index may continue its correction, potentially testing the 38,200–39,186 area before rebounding to challenge the resistance zone around 40,791 and possibly filling the gap between 41,173 and 41,629. However, under the more...

herdityawicaksana Updated 

Currently, I foresee two possible scenarios for XAUUSD. In the more optimistic scenario (black label), the recent correction is assumed to be wave ii of wave (v), which suggests that XAUUSD still has the potential to strengthen toward the 3,177–3,306. However, attention should also be given to the bearish scenario (red label). If XAUUSD fails to break above the...

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XAUUSD remains in an uptrend and is estimated to be in wave (v) of wave ; more specifically, it is currently within wave iv of wave (v). In the short term, XAUUSD is expected to undergo a correction toward the 2,948–2,989 area. However, in the broader outlook, I anticipate further upside movement toward the 3,091–3,161 level.

herdityawicaksana Updated 

The current position of the DXY is estimated to have completed wave (iii) of wave . Consequently, the DXY is expected to strengthen, forming wave (iv) while testing the 104.800 to 105.346 area.

herdityawicaksana Updated 

Currently, the position of NCF1! or Newcastle Coal is within wave 5 of wave (C) of wave , indicating that Newcastle Coal remains vulnerable to further corrections toward the 86.55–96.15 range, as represented by the black labels. A similar pattern is observed in the red labels, where Newcastle Coal is also nearing the completion of wave (5) of wave . We observe...

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DXY Update : The movement remains in line with my expectations, with the ongoing correction being held by the Fibonacci cluster. At this stage, DXY still has the potential to strengthen, testing the 102.791–103.150 area to form wave iv of wave (v). However, caution is advised for a potential reversal toward the 100.462–100.946.