SteveTan

SteveTan

XAUUSD's wave 3 (yellow) probably reached. P/s it's suggested to "Long Only" as we only knew the "finite" swing low but not the "infinite" swing high on "any uptrend" and vice versa.

SteveTan

It's better to wait for technology index to drop @ 38 +/- ONLY consider to buy your Malaysia Favourite stoks e.g : Inari, DNEX etc..

SteveTan

SP500 will break All Time High ( 4820.40) ?! by 2024? ..((FED'S BARKIN: TALKING ABOUT RATE CUTS IS PREMATURE.)). Let see what "geometry and of price" told us in next 2,3 months ahead.

SteveTan

XAUUSD We are still in wave 3 (yellow) where its price probably end at 2060 +/-.

SteveTan

Dollar Index aka DXY currently on wave III (blue) before a pullback toward wave IV (blue) before final leg down on wave V (blue) @ 102 +/-.

SteveTan

Tesla still completing wave c (green Circled) at 250+/- which is last leg of running flat pattern in wave B (yellow circled), before a "crash" of 26.8 % toward 183 +/-

SteveTan

AAPL probably just completed wave B ( Red Circled) which is an expanding flat (A)(B)(C) (Blue). So probably a -20.02% "crash" toward 148 +/-

SteveTan

JTIASA, which business involved mostly on palm oil, just completed wave 2 ( Red Circled ) as a base for rally.

SteveTan

Plantation index of Malaysia where majority of its components stocks are listed Palm Oils related Companys.

SteveTan

XAUUSD Asia Monday breakout which formed order block /breaker block at 2004 +/- as good zone for long toward 2040 +/-

SteveTan

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.

SteveTan

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...

SteveTan

Gold / XAUUSD (future) as an "touchable asset" for "ancient mankind" to "accumulate" wealth VS "equities market" an "virtual asset" for "modern mankind" to "accumulate" wealth. As US SP500 index = benchmark / gauge for where is the "richest men on earth wealth's "performance". One should understand and "read" where "the modern capitalisms" run without "bias" due...

SteveTan

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.

SteveTan

XAUUD's 1958 +/- is confluence zone of 1) Breaker Block 2) Order Block 3) Median line of Pitchfork.

SteveTan

XAUUSD's Bias = AS USD almost approaching 103.50 +/-. Gold could possible only "reach" @ 1995 +/-

SteveTan

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 ).

SteveTan

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.