SP500 index may have completed its wave B ( Red Circled) of its expanding flat pattern ABC (Red Circled). Where price have formed a Doji candle on 26 Oct 2021 @ 2 red upper trend line (Red Dotted).. Price could have about 9.89 % drop from current price of around 4550 toward around 4100 which are 1) Next Major Demand Zone ...2) Lower Parallel Line Support (Red) ...
SP500 Index probably 1 more leg up toward around 4300 to complete wave A ( cyan circled ) just after FED 17 June 2021 FED Decision..Equity and Commodity Market/ Metals Could have deep retracement for few weeks or month after the FED announcement
GOLD possible could be in double three irregular complex pattern wxy waves ( green circled ).. Stay Aside... waiting for short at around 1912 at Quasimodo level , Stop Lost at 1917... OR waiting for long at around 1840-1830...
Gold , short for wave A (yellow) of the expanding flat. Stop Lost at today ( 3 June 2021 ) high 1910... Target Profit around 1950-1940 ( where there are the "zone" for demand /4 hours 200ema/ daily uptrend line and pullback area for monthly down trend breakout) untill next Monday after this coming Friday NFP..
