Agonybeard

$XAU $GOLD A big important post. A addition to BMG's words (HTF view) I won't go too far into specifics. Gold has been in an uptrend for several years now, and it will likely continue for another 4–5 years. But like any asset, gold is prone to corrections, and I believe that the January<->February drop was not the end of the pullback. Looking at the 1W TF, the price is in a sideways movement with clear boundaries of fractal highs and lows. Following the February decline, the rally has continued without forming long imbalances, indicating a gradual exhaustion of buying pressure. After the weekly fractal breakout within the sideways range, confirmation of selling pressure appeared on the daily chart. The nearest +FVG D1 was absorbed, and -IFVG D1 and -FVG D1 formed. This increases the likelihood of the decline continuing. Nearest fractal targets: 4990, 4840, 4660. The final target in the current scenario is the 4400 zone.

Maybe S&P is done for a while and peak uncertainty takes us a bit more lower but we probably setup for a bounce by latest Wednesday imo Gut feel says the relief rally will continue across crypto for now so a LTF rally is on cards , if you want to play with certainty then probably wait for 72.7K to be reclaimed for a clean long towards 80’s I still don’t think macro bottom is in btw

Gut feel says up although setups are bearish Leaning bullish and the next set of lows are to be buying and accumulating imo

Short TAO because it seems the market wasn't able to pump it to new local highs despite peak AI attention with AI conf, Jensen/Chamath talking about it, CT talking about it etc peak chatter, yet momentum waining yada yada

whomst is brave enough to say the thing about the coins right now,,,,