bottoming formation should be now complete and major upside waiting ahead
look for a confirmation consolidation above the descending wedge for a long position, price should rip higher afterwards
full retracement to the breakout point, expect major support around 81 - 80
would start to accumulate TGT from these levels, pierce of 100$ and 70$ as an investment
notable monthly divergence, which i think will trigger once a global liquidity events occur, it might be the final reset for the everything bubble
2400$ is calling, before further upside can be expected, and in case of break below (whole market correction) gold might retest the ultimate breakout trend around 2200 - 2070 which should mark the bottom, before the next run to 3500 - 5000 over the next few years
extremely bullish, it might just fill that gap before it explodes higher, with minimum upside move around 25%
bearish consolidation on the top of the channel, with a large Head and shoulder, once the neckline is broken i am looking for a big downside potential to the lower channel trendline.
once the qqq break this trendline, it's highly probable to continue down to the next trendline in blue around 460$, which could mean the end of this run
could possibly fill the gap upwards then continue down to fill the large election gap and tag the 50ma, which will act as a big support
broke main support level and previous trend support, now should act as resistance and push price down to 500$
watch the 65$ level if broken i think oil will spiral down to 52$ then ultimately to 30$ with 17$ a possibility in case of a recession
this trend with the 50ma should act a big daily support if reached today for a day trade
as previously predicted Retracement to the breakout trend completed, now watching the reaction here if there's buying moment here and a reversal candle was formed then we should expect new ATH