Unparalleled Syncro System: Weekly GOLD (2024/5/5)

Monthly Chart: MAX Oscillator Synchronization BandWatching

※ Special note: Using our own Fibonacci (MK Channel overshoot value range observation) 300, it reverses once

Weekly Chart: MAX Oscillator -Weak decline

Synchronization BandWatching / Range

Daily Chart: MAX Oscillator - Synchronization BandWatching / Range

※ Special note MAX Oscillator signaling in reversal warning zone and turning on reversal warning signal!

This Week's Outlook:While expecting one more push, it may be a week to look for a potential upward reversal

■Last Week's Review

After a steep drop in the first half of the week,it fluctuated up and down on a daily basis. Employment data moved up and down as well, ultimately remaining in a range throughout.

■This Week's Strategy

If it retests and breaks the previous week's low slightly, until a daily chart shows a bullish synchronization signal, respond to the wave reversals on the 1-hour and 4-hour chartswhile,

Assess whether the uptrend can be solidified.

Volatility is present, soit's tough to hold a losing position with a fixed plan,do not ignore the waves on the time-frame level; if you can buy on dips and daily chart aligns higher, you may consider a slightly shorter-term swing for holding.

※Note that this is solely an analysis based on the original indicators and does not guarantee future price movements or constitute a buy/sell recommendation.

Tenka Musou Series: Analysis Tool Details Link



■ MAX Oscillator - MT4/5 Version

https://www.gogojungle.co.jp/tools/indicators/50340

■ The same - Trevory Version

https://www.gogojungle.co.jp/tools/ebooks/50353

■ Ultimate Synchronization Band

https://www.gogojungle.co.jp/tools/indicators/42606

■ Included in the five-indicator monthly pack, featuring

“Tenka Musou” Synchronization System

https://www.gogojungle.co.jp/tools/indicators/50319

TreVore Version & Ultimate Synchronization System

https://www.gogojungle.co.jp/tools/ebooks/50353