Goldenratio
XAU.usd watch $3407/18: Key Resistance and end of "Wave B" ?Part of my ongoing analysis of Gold (see below).
Per the last plot, we bounced exactly where hoped.
We may well be at "Wave B" end point near $3400.
This is bears best and last chance to get a lower low.
.
Last Plot that caught our bounces EXACTLY
Previous Plot called the last Dip Entry EXACTLY
.
I will post updates on this Idea as price action progresses.
.
Please follow and like, for more EXACT plots to use in your trading.
==============================================================
.
AMZN watch $186-189: Key Resistance zone for Recovery BounceAMZN struggling with China tariffs but trying to recover.
Now up into a key resistance zone at $186.75-188.98
Anticipating some consolidation below or within zone.
.
Previous analysis that called the TOP:
===================================================
SMCI watch $42.89-44.88: Double Golden fib zone a major LandmarkSMCI surged with news plus chip sector strength.
Seems to have obliterated a Double Golden zone.
Expect some orbits around this high gravity object.
$42.89 - 44.88 is the exact zone of concern.
============================================
Previous Plot that caught the Bottom and Break Out
============================================
.
SMCI watch $38.38/87: Key resistance to Tariff Relief pumpSMCI bounced into a minor but significant resistance.
Looking for a Break-n-Retest for possible buy entries.
Retested first support and trying to hold it right now.
$ 36.38-36.87 is the exact zone to break for bulls.
$ 34.37-35.02 is the support that bulls must hold.
==============================================
XLB eyes on $85: Proven Support zone to End Bounce or to Break?XLB has recovered the tariff tantrum dumps.
But struggling against a proven resistance zone.
Dip is likely, Break-n-Retest means Strong bull.
$84.61-85.24 (red) is the exact zone of concern.
$79.66-80.27 (green) is first strong support below.
$71.71-72.23 (Gold) a double golden major support.
=============================================
DNUT eyes on $2.57: if this HAS a bottom, THIS may be the oneDNUT has been in free fall since IPO.
Last Earnings were apparently horrible.
But there is a glimmer of hope of bottom.
$2.57 is a minor but significant fib.
The PING bounce on it is of interest.
"Ping" from "give me a ping Vasilly".
=====================================
.