Gold bounced from 4400 in a three-wave move to the 78.6% retracement, then reversed to trendline support. A break of the smaller wave-two channel could trigger a strong wave-three sell-off. Major support lies at 4000–4300.
Apple Inc. is currently retracing from recent highs, with wave C of wave four likely still unfolding. Key support sits near 240, aligning with the 50% retracement, where the correction could end. A break below 213 would invalidate the current bullish intermediate structure.
SP500 rebounds above key level, with potential for further gains as markets react to easing tensions, oil prices, and seasonal trends.
We been talking about bullish Aussie already last week when identified three legs down int wave 4, at the 38.2% , which is important level for completion of a fourth wave within impulse, did not take much to see strong reversal since it is already trading at new 2026 highs AUDUSD is now trading at […]
Looking at the US indices, we have seen some solid retracements, and the bounce so far looks promising. Price action suggests a local low may already be in place, which could trigger more upside in the near term, although some markets may still be trapped in fourth-wave consolidations. Seasonals also look supportive around this period, […]
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