SteveTan

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.

SteveTan

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.

SteveTan

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".

SteveTan

US Bonds probably the "Most Highly Bought Bonds" by any Countries's govermnt in the world (as safe haven). Time to buy US Bond ETF? E.g TLT, AGG, IEF etc?. What do you think saving money in US FIXED deposit bank aiming for 5% +/- gain ( while waiting for US dolar depreciate against most currencies pair) or buying US Bonds ( which is the inverse of US Bonds...

SteveTan

Maybank possible the last "golden opportunity" for gaining 61% ( from 8.00 to 12.88 +/-) by end of 2025 ( before a deep pullback again )

SteveTan

SPX Checking from its internal waves structure, SP500 possible "V turn" without reaching 4400.75

SteveTan

XAUUSD possible still trending down toward 1925 +/-. where there is a confluence zone of :- 1) Order Block 2)Trendline support.

SteveTan

KLCI. There is a "hidden" "big Bearish Triangle" in wave 4 (yellow) = A Calm before a "Big Storm"?!

SteveTan

SPX price closing to the "equal high" @ 4400.75.. Waiting for the "cat" to catch its "rats/bait".. Coming...Yummy yummy yum yum..

SteveTan

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.

SteveTan

XAUUSD by breaking 1969.74 low, Gold have high probability having "peak" @ 2009.35. Possible forming a head and shoulder pattern as a "base" for big drop.

SteveTan

XAUUSD is probably forming a bullish triangle in wave B ( yellow). Long @ 1980 +/-. S.L for long @ 1969.74. TP @ 2065 +/-.

SteveTan

Xauusd possible forming a bullish triangle now . Long toward 2065 +/- . S.l at 1969.

SteveTan Updated 

XAUUSD's 1998 +/- level possible a "good spot" for the bull to "leave" and win the games." before it was too late for it to beaten up by the bear.

SteveTan

Topglove''s latest "quarterly" report "disappointed" again. Not just "investors", "traders" are "hardworking" individual as well who do check their positions not just "quarterly" but everyday beside reading on each stock's Intrinsic value, ROE, P/E, Forward Free Cash Flow, Profit Margin etc "quarterly" OR reading "market news" "once a while"...

SteveTan

XAUUSD. by reviewing its internal waves structure Gold probably completed its "deep rebound" since 6/Oct/23 low at daily order block.

SteveTan

XAUUSD Price Could reach 2055-2065 ( which is long term downtrend line since August 2020 High) by first few days of November.