Gold's consolidation phase within a rising wedge pattern illustrated market uncertainty ahead of the U.S. presidential election and broader economic factors. The price action indicated a retracement towards key support levels at 2,470 and 2,367 USD, aligning with typical market cycles that precede significant rebounds. This phase suggested a corrective pullback...
Here is a potential setup for $GOLD. Buy Zone 1940 with target of 2010 with extended targets of 2064 into the monthly close If price starts closing below 1930 this setup will become invalidated
Here is my perspective for the year 2023. Current price is 1925 & here I expect a change in the trend to turn bearish for the rest of the year. We may see some consolidation around 1550s before a trend continuation into low 1300s during early 2024
Here we a potential buy at 1778 with a target of 1830 - 1837, stop loss below the low of 1773 We are looking for a bullish trend continuation from the .618 zone in the green box. Targeting the 1.618 extension & Daily time frame 50% confluence within the 1830's
Here is a potential pull back on the NASDAQ be the sell off continues
Here is a potential sell on XAUUSD. We are short at 1974 with a target of 1952. SL above previous High at 1980
We are now at the top of the cycle that has completed, from here price should make a correction back to the previous monthly support levels. This is a natural market cycle that is inevitable as of right now in my opinion. I expect price to trend down for the first half of 2022 & may have a bounce in the zone once we near 2800 on the S&P. All indices will tank...
Here is a downtrend continuation setup once price starts to retest and close under 1800. NFP is Friday & I am expecting a low to made around 1765 before any pull back.
We are looking a minor pullback & bounce at 36k - 37k before price does a .618% retracement back near 54k into March. Then from there price may react and sell off again
Buy setup today on Gold, we are looking for price to bounce at 1789 and retrace into 1810-1813. As long as the C wave is holding and price does not close below the previous low this set up will be valid. Once price has retested this zone and trends upwards, then our target is the previous point of control around 1813. Our stop is tight as NFP is today and is...
Potential buy of the C wave near the .618% @ $1770, from there price will expand into the 1.618% @ $1824. In this zone there is confluence at 50% of the macro wave @ $1820. Once price starts to close above the overall macro POC of $1784, we could see price start to trend towards the target. Entry in 1770's are safe as long as the C wave is still valid. TP 1824...
We are looking to BUY wave 4 at 1770.5 with an extension target near 1820. Potentially price will retrace from the zone there, creating a right shoulder for the next bullish scenario. SL below wave 1 low around 1760
We will are looking for a pull back into the 1800$ zone where there is 61.8% confluence. Expect price to expand into the New Year Happy Holidays everyone, another year come and gone & has it been interesting one for sure. Next year will we see a new all time high for Gold? For now the 2000 zone is the plan. Best buying opportunity is to stack your orders...
ETHERERUM will sell off nearly 50% from current zone into 2500$
Here is a potential buy into 156, price will either reject our zone there or continue the uptrend.
Potential retracement into 47000 from 61500. Scale in sell positions here
potential extension on Bitcoin into 47k. I expect price to sell of in that range or no higher that 50k for now.
Here is a setup for a buy from 1800 zone at the .618 then price will expand into the 1.5 - 1.618 TP 1 is 1850 which is the target into previous resistance on the left TP 2 is the extension target at 1881 SL is below previous low around 1790