salvanost

salvanost

bull target 34 and 37 but no signal yet since need 30 retest wedge still bearish pattern without breakout also double bottom 26.x needed for mini bullish divergence even with breakout, it still bull trap around 29.2

salvanost

as long 54.400 not broken it will keep going up indicator still bearish but we will see next week PA

salvanost

important support 2379 if break will target 3 next support which is 2334, 2319, 2303 add 2-3$ if you want to use it as TP, for example 2337, 2322, 2306 while resistance only 1 which is 2420, if 2420 break next 2434 (quite logical since it 100$ difference with 2334) but I will see if 2434 possible as bull trap or not later next I will focus on weekly target first

salvanost

3 resistance vs 2 support on BTC just using what I usually use on gold to BTC usually I would draw blue line but BTC might trap more buyer first by dropping from 57k-59k to 46k it will become long term sideway for BTC, since traping buyer need a lot of signal like 2022 bear flag, need time to trap a lot of buyer

salvanost Updated 

reversal signal if retest 2436 suspect 2420-2428 will be very strong resistance but PA right now is still kind of waiting Iran war news that's why I put the 2436 zone notice as bullish signal if retested for now it is a valid bearish trend with 2330 as the next target

salvanost Updated 

bull only got 2417 as last support I don't understand this drop there only 2 reason for me 1. because the assassination on Iran explosive bomb not air military invasion, so Iran must consider to star war with Israel and start investigation 2. Iran still continue with war, market just want sl hunt buyer

salvanost Updated 

just need to wait for news when Iran attack Israel I will analysis long term target above 2560 later

salvanost Updated 

hitting 2403 will give signal to 2417 but 2372 support must be strong first

salvanost Updated 

there alot of fibo and pattern in USOIL I will post fibo later for now looks like pattern still bearish until year 2026 or at least until 40 support retest quite funny how Biden want Oil above 75$ resistance 105$ and Trump want oil under 75$ support 34$

salvanost

above 30 will continue bearish divergence bull and bear will fight 29$ resistance dropping to 27,.1 still possible before retrace up

salvanost Updated 

quite hard to see upper target 2417 most certain but dunno about 2439 while 2378 could become battle for further drop later to 2342 and 2285 I added fibo to acknowledge it could drop further

salvanost Updated 

I will see a correction before the rally, I will see gold slump and the dollar stronger because of the trade war MA 20 will become first support retest this scenario valid if gold under 2416

salvanost Updated 

it failed to make higher high as long under 29.4 I will see it as bearish trend for now same with gld I see silver retest 29.4 (lower support) but the risk here retest much lower support on 27 or 28$

salvanost Updated 

usually I will ignore the 3rd and 4th target and focus on 2442 and 2431 all 4 target = based on SL hunt theory Im backtest, still work (if now work anymore I will search a new way), but take time because right now I'm in clash of 2 different concept 1. complex sideway to trap seller and taking time until mid august bullish top cycle 2. looking at silver still...

salvanost Updated 

normally only 10-50 guided bombs/week but when gold breakout there are hundreds of guided bombs each week! Gaza war = 10.000 rocket, 300-800$ each Lebanon war = 200 missiles, 2.000-10.000$ each Russian Guided Bomb = 20.000-30.000$ each the guided bombs size and accuracy improved since mar 2024, 1500kilos with under 10 meter accuracy, biggest size 3.3 tons

salvanost Updated 

last month I learned about a new way to determine the support, because this year it is really weird to determine resistance support. Looks like this not only happens in gold, but also in SPX SPX using the previous small body candle as the next support especially the red candle (I circle the candle) I will show the fibo later because this week I also see fibo...

salvanost Updated 

done testing 5.5 done testing 5 done testing 4.5 breaking 4 and go to 3.5 later 4 and 4.5 will become resistance

salvanost Updated 

gold 2560$ / silver 37$ = 69 but I dont think gold will stay 2560 for long, it will stay 2535 or 2520 while silver more volatile possible go higher than 37$