We pick up the narrative from the highāvolume magnet that forms the Lower Low at 4099 on Monday 23 March. š 1. Structural Origin ā 23 March HighāVolume LL (4099)Gold prints a Lower Low at 4099 on 2Ļ volume, followed immediately by a Wide Price Spread (WPS) candle off the low. This is institutionalāgrade buying:…
Post-Acceleration Drift ā Low-Effort Decay into Prior Range Following the prior phase of high-effort bearish control, the market transitions into reduced participation. Current characteristics:– Volume compresses below deviation– Range expansion decreases– Price movement becomes gradual and overlapping This reflects a shift from active directional control to passive drift. The prior sequence established:– High-effort bearish continuation–…
š¢ļø WTI Crude (Spot) ā auction dynamics The focus here is on the current leg down. š 1. Structural Origin ā 8 April Swing High (117.896)On 8 April, WTI prints a clear Swing High at 117.896. Immediately after: NY session drives price sharply lower A Wide Price Spread (WPS) candle forms Volume prints at 2Ļ…
This XAUUSD 30-minute chart shows a clear Elliott Wave structure transitioning from a completed corrective phase into a potential bullish impulse. The market previously formed a corrective ABCDE pattern within a descending channel, indicating consolidation and accumulation. After completing wave C near a key support zone, price sharply impulsed upward, forming a strong wave 1….
The XAUUSD 30-minute chart shows a clear Elliott Wave structure transitioning from a completed impulsive rally into a corrective phase. The strong bullish move forms a five-wave impulse, with wave (3) extending sharply, indicating strong momentum from institutional buying. After the peak, price begins a corrective sequence labeled A-B-C, forming a downward channel that reflects…
The price has shown signs of stabilization after a sharp downtrend and is currently trading around the ā¹425āā¹440 zone. The recent price action indicates consolidation near resistance, suggesting a potential recovery if momentum sustains. The key demand/support zone lies near ā¹394 ā ā¹412, which can act as a base on pullbacks. Trade Plan Entry Zone:ā¹420…
The price has shown a recovery after a prolonged downtrend and is currently trading around the ā¹410āā¹415 zone. The recent price action indicates consolidation near resistance, suggesting a potential breakout if momentum sustains. The key demand/support zone lies near ā¹367 ā ā¹397, which can act as a strong base on pullbacks. Trade Plan Entry Zone:ā¹400…
After today’s statements on Saturday and the closure of the Strait of Hormuz, it seems that the dollar will fall again until other statements and other events occur until Wednesday, but technically it seems that the pound has not touched the 61.8 Fibonacc retracement, so I expect the price to rise to 1.3603 and then…
The price has shown a recovery after a sharp downtrend and is currently trading around the ā¹380āā¹385 zone. The recent price action indicates strength with higher lows, suggesting a potential reversal if the price sustains above the current resistance. The key demand/support zone lies near ā¹362 ā ā¹371, which can act as a base on…
Wrap up:- As mentioned earlier in previous post, we are in wave y of x of 4 of major wave 3. In wave y, a lower degree impulse is forming in which wave 1 is completed at 22782, wave 2 at 22719, wave 3 at 24025, wave 4 at 23555 and wave 5 is in…
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