XAUUSD. Beware of major reversal when its price getting tightened toward major resistance/ liquidity zone @ 2065 +/- as its price probably forming an ending diagonal pattern /structure.
Gold. we are at muti year triangle = sideway now, this triangle probably only completed by 2025 as we are still at wave (c)(blue) of the triangle on monthly chart ( pls refer to zoom in pic). P/s. 99.9% of Elliotticians ( traders who practise elliott wave ) hardly achieved consistent waves counts as 99.9 following "textbook" written rules that 1,3,5 impulsive...
XAUUSD, by checking its internal Z-factor (speed) GOLD is probably forming a bullish triangle, currently its price is moving down toward wave e (green circled) of triangle... Hence gold's price probably will reach 2065 +/- by mid of December.
Foreword In this analysis I want to make an attempt at forecasting both the date and the price range at which Bitcoin will top at in the coming bull-cycle. The forecast is 100% based on historical data and is based on math and not on feelings, so be prepared to see some numbers and formulas. This analysis is speculative in nature because we're forecasting the...
XAUUD's 1958 +/- is confluence zone of 1) Breaker Block 2) Order Block 3) Median line of Pitchfork.
XAUUSD's Bias = AS USD almost approaching 103.50 +/-. Gold could possible only "reach" @ 1995 +/-
US 10 years treasuries yields long term chart since 1790 is forming an expanding flat pattern ABC (Red), where it probably just completed wave II ( Blue Circled) = the first pullback of long term downtrend impulsive C wave ( Red )( further detail in next lower time frame chart ).
XAUUSD possible found its "base" @ 1930 +/-. which is a confluence zone of 1) Order Block 2) Fibo 38.2% 3) Parallele line support of pitchfork ( thick blue). Long gold @ 1940 where there was a hourly order block.
DXY / Dollar Index could have a further decline until 103.50 +/-. Which is a confluence zone of :- 1) Order Block 2) Fibo 50% 3) Parallel line of pitchfork.
SPX, by breaking last high, SPX probably just formed wave 2 (yellow) of an expanding flat pattern of wave (C)( Blue). Where price could reach 4578 +/- and making the border of upper triangle "clearer".
Maybank possible the last "golden opportunity" for gaining 61% ( from 8.00 to 12.88 +/-) by end of 2025 ( before a deep pullback again )
SPX Checking from its internal waves structure, SP500 possible "V turn" without reaching 4400.75
KLCI. There is a "hidden" "big Bearish Triangle" in wave 4 (yellow) = A Calm before a "Big Storm"?!
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SPX price closing to the "equal high" @ 4400.75.. Waiting for the "cat" to catch its "rats/bait".. Coming...Yummy yummy yum yum..
XAUUSD possible just completed wave A (Blue Circled). Control our margin used for long position as we "not sure" which floor levels are for the "base for drop" yet but "ceiling" = Prefer Short.
XAUUSD is probably forming a bullish triangle in wave B ( yellow). Long @ 1980 +/-. S.L for long @ 1969.74. TP @ 2065 +/-.
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