Tom9631

Tom9631

Gold has been absolutely crazy since market open last night! With a huge 350 PIPS move up on market open, price crashed back down 600 PIPS overnight. This impulse move down is a strong indication the top for Wave 5 could be in. Time for market structure to form its corrective phase now

Tom9631

XAUUSD ( Gold / U.S Dollar ) Order Block Rising Wedge as an Corrective Pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves

Tom9631

A retest of the Preliminary Supply area. 104k was never tested. Buyers are waiting at 80k, 83.6k, 88k etc. So here is a perfect level to burn everyone. Ethereum dropped to 2k, and if it drops to 1.7k, 1.5k etc there will be a strong bounce again. Not many people are expecting this level. It might just drop to 68k, 58k etc. But here is a good level for me to...

Tom9631

BTC has been making higher highs and higher lows since October 2024.After peaking, BTC has shown some retracement/consolidation, with recent candles indicating lower highs and lower lows. If BTC holds support and breaks above $100,000, it could continue its uptrend to 112k. Fib Levels: 0.236 - 91,600 (Possible support) 0.382- 85,800 (Stronger support) 0.5 -78,000...

Tom9631

Bias: Sell (If Price Breaks Below 2892 - 2890) Reasons for Sell Bias: Rejection from 2940 Resistance • Price reached a key resistance zone and strongly rejected downward, showing seller dominance. Bearish Momentum & Breakdown • The market has been making lower highs and lower lows, indicating a shift to a downtrend. Potential Break of 2892 Support • If...

Tom9631

In this Analysis, we can see some Buy or sell Levels that I shared, watch it carefully, and Follow Price action.

Tom9631

I think the money is piling up to buy but the fundamentals are not looking favorable, on the contrary, the world landscape is changing because Trump is in office, many political and geopolitical conflicts may be coming to an end, and there is reason to believe that this is the last hurrah for Wall Street. Gold prices may be in for a long correction ahead.