Hello everyone đ©·
I know youâve all been anxious because prices have run to the edge of the range; bG was busy, so there wasnât time to post at lunch either. Finally getting this post up now.
This post covers big bro BTC $BTC , gold $PAXG , and silver $XAG :
đ„ Overall, all three are in the same situation: H4 is positive and D1 has improved nicelyâas bG clearly noted last week at those price levels and timeframes.
--> But of course, thatâs only a signal of a short-term bottom forming, not confirmation of a mid-term bottom.
--> The lower timeframes got overheated after last nightâs session -> theyâll cool off through high-level sideways consolidation or a deep pullback.
đ„ Big bro BTC:
80.6-81.2->82.3-83+||79.3->78.9-78.6
--> D3 & W are still holding their structure well, but D3 still needs more monitoring.
đ„ Gold PAXG:
D1 needs to get above 4250-4275 for the mid-term structure to improve clearly.
--> For now, if price tests the 4190-4200 zone and then pulls back while holding 4075-4100, the HH structure will make a good base. Otherwise, itâs still just a strong bounce from an oversold zone.
đ„ Silver XAG:
It may be able to hold 51.5 and test the 53.5-55.5 zone. But D1 still needs to get above 57.2-59.2 to improve the downtrend structure.
-->> Gold/silver: D3 & W have not confirmed a reversal yet, so these are still two timeframes to be cautious with.
đ„ Since I noted back in September that a correction was coming in October, bG has kept reminding everyone to get in and out quickly; during this uncertain phase, preserving your account comes first. And youâve seen it yourselves: things just drifted around for weeks, but let your guard down and suddenly both sides get swept before you can react. Thatâs just how the market is, so you need patience to observe and discipline to avoid getting caught in trapsâthe market makers have traps laid everywhere đ
đ€ Brilliance is what others see. Peace is what you feel within yourself -- Love all --
I know youâve all been anxious because prices have run to the edge of the range; bG was busy, so there wasnât time to post at lunch either. Finally getting this post up now.
This post covers big bro BTC $BTC , gold $PAXG , and silver $XAG :
đ„ Overall, all three are in the same situation: H4 is positive and D1 has improved nicelyâas bG clearly noted last week at those price levels and timeframes.
--> But of course, thatâs only a signal of a short-term bottom forming, not confirmation of a mid-term bottom.
--> The lower timeframes got overheated after last nightâs session -> theyâll cool off through high-level sideways consolidation or a deep pullback.
đ„ Big bro BTC:
80.6-81.2->82.3-83+||79.3->78.9-78.6
--> D3 & W are still holding their structure well, but D3 still needs more monitoring.
đ„ Gold PAXG:
D1 needs to get above 4250-4275 for the mid-term structure to improve clearly.
--> For now, if price tests the 4190-4200 zone and then pulls back while holding 4075-4100, the HH structure will make a good base. Otherwise, itâs still just a strong bounce from an oversold zone.
đ„ Silver XAG:
It may be able to hold 51.5 and test the 53.5-55.5 zone. But D1 still needs to get above 57.2-59.2 to improve the downtrend structure.
-->> Gold/silver: D3 & W have not confirmed a reversal yet, so these are still two timeframes to be cautious with.
đ„ Since I noted back in September that a correction was coming in October, bG has kept reminding everyone to get in and out quickly; during this uncertain phase, preserving your account comes first. And youâve seen it yourselves: things just drifted around for weeks, but let your guard down and suddenly both sides get swept before you can react. Thatâs just how the market is, so you need patience to observe and discipline to avoid getting caught in trapsâthe market makers have traps laid everywhere đ
đ€ Brilliance is what others see. Peace is what you feel within yourself -- Love all --
