Market trend changes occur and update again.
I believe the current top is a new monthly resistance and will put downward pressure on at least until the end of August.
Gold expects corrections to begin in the next week.
The trend is strong, so this is the second analysis for Plan B.
VIX will complete a new monthly support key level. Expect to rise at least until August. Risky assets need to be careful for the time being.
In my view, gold, like the stock market, expects at least a weekly correction.
The target price is reached today. And I expect the direction to change.
Gold is expected to rise until the beginning of next week once the daily support key level is created. Conversely, a large correction may appear if the drop before support is completed.
Gold does not fall off easily until that line is complete.
Update SP&500 trend analysis. The market expects to keep rising this week to complete a new weekly support key level.
The market updates again as it misses expectations.
The market updates again as it misses expectations. Expect w-x-y correction.
The market updates again as it misses expectations. Expect w-x-y correction.
The market updates again as it misses expectations. Expect w-x-y correction.
The analysis text is deleted. Upload again. Oil will continue to rise until the beginning of July next week with a new weekly support key level.
The analysis text is deleted. Upload again. As a result of oil and metal trend analysis, conclusions were drawn as shown in the chart. There will be no trend change until early July next week.