GekkoHP

GOLD #XAU
On the W timeframe, looking at Base 1 which is holding the price.
The issue here is that Base 1 held the price once at the area I circled in white, the price pushed up, showing strong buying power, but later that area failed to hold the price when it returned a second time, which is the area circled in yellow.
Simply put: you are a big whale, you have a lot of money, you bet on a bullish move, you buy a lot in the first wave at the area circled in white, then the price rises and you are still holding profits. But then the market doesn't go your way, the price comes back down to your

SILVER #XAG
On the W timeframe, the nearest base zone is from 52 - 45.
Tighten it further—the golden box is from 49 - 45.
The principle is: don’t buy at resistance and don’t sell at support (collectively called the base).
So that W timeframe base zone is fairly suitable for my own consideration to buy.
Of course, I’m trading spot, not contracts, and not going to buy physical silver.
I’ll cut losses completely when the W timeframe closes below 44. Because below 44, the probability of reaching the golden line is quite high.

#JST W divergence and expected price path

#LIT and Technical Analysis Perspective.
1️⃣ is price returning to the Base area with 3 waves 1 2 3, all 3 push waves did not create a new high, just wick retracement.
=> weak push force
2️⃣ area I marked with an ellipse with CP wave, this wave is a compression wave, usually has 2 types:
- CPD (CP Down) and CPLQ (CP Liquidity)
CPD is a type of compression wave that, when it reaches a certain resistance area, it will drop back to the starting point of the wave; here I view it going to Base 2 area
CPLQ is a type of wave that hits a resistance area but if the resistance is weak, it often makes a

The numbers are so huge, it turns out that the kids in Thread City are talking about salaries over a hundred million, working as directors or CEOs at just 20 or 21 years old, and it's actually true, guys. 😂😂😂