GateUser-7b8514c3

#ASX200 update. Closing the week above the March qtly close and holding 8600. Sentiment in the toilet, liquidity settings not favourable, however technical setup for a bullish move to 9450-9650 is there. Seeing nice setups in some sectors, weakness in others (rotation). $XJO

$MOVE update. More reaction off the critical level. #bond market volatility - perhaps sniffing out more pain in #oil and persistent #inflation risk. I see #USOIL trading up to ~130 as the next major level (refer to recent post).

$DXY update. No real change. A bullish weekly close, and a bit more to do to demonstrate its serious on a countertrend run towards ~105. #USD

$LULU continues to break structure with follow through. ~$68-72 in scope. Currently $120.

$XRO.AX SaaSpocalypse in a chart. $XRO #ASX200

$WTC.AX update. Working out beautifully. #ASX200 $XJO $WTC

#USOIL update. Looks like 79 pivot low is it. Current price 103.5. Next up 130. $US.O $USO #OOTT #oil #wti #IranWar

$GDX update. Still back-testing the low, and the evolving price action suggests that it could break the low ~68.20 - 71.40. Current price 87.35 #GOLD $XAUUSD $GLD

#GOLD update. Looks like it wants to retest the March pivot low ~3900-4000. Big picture, no change to 6500-6700 target. $GLD $GOLD $XAUUSD

#PLATINUM big picture to 3100+ in tact, but looks like it wants to retest and undercut the low. Unnerving moment here, which could bring some capitulation. Big opportunity if that happens. $XPTUSD $XPT #PGM

#Palladium update. Unnerving time. Current price 1420. Could get a dump here towards 1100. Upside on the qtly chart remains open to 2650-2700. Invalidation below 895. $XPDUSD $XPD

$CBA.AX update. Per prior post, I had a note on the chart for potential buying opportunity at $160. We are now trading at that level. So far, it is following this path nicely. I see 200-205 (stretch 210-220) as the next target area. $CBA $XJO #ASX200

#US10Y - has completed its correction and is continuing in the direction of the original trend. Confluence for the next major target at ~6.75%. Currently 4.48%. $TNX $DXY #USD

$GLD update not as clear as $SLV, as there hasn't been a break of structure yet. However, should the low hold and the (D) pivot be breached to the upside, then 515-540 comes into scope. Current price 435. #GOLD $GOLD $XAUUSD $XAU $GDX

$SLV update. New lows are invalidated in my view. The leading diagonal is playing out with strong continuation. Target zone in scope 112-125. Current price 78 #SILVER $SIL $XAGUSD

#SILVER update. Again, strong price action, nice continuation out of a leading diagonal. $XAGUSD $SIL $SLV

$RUT has achieved the target to the tic (2912 high). Could be at an inflection point here for a correction, but further upside still in scope thereafter. $RTY $IWM #RUSSELL2000

#PLATINUM also looking good - #PGM sector, generally looks like it wants to take off. Long-term target - 50% higher than where it is trading today. $XPTUSD $XPT