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Dear @Fraseerjones, Thank you for your post. Please note that you can trade in the pre and post-market by amending the order type and expiry. Stocks that can be traded in the pre and post-market mostly have (All sessions) next to them, you can select a 'Day All sessions' order type as in the attached screenshot. All the best, KoketsoIG -
By tradinglounge · Posted
Gold Elliott Wave Analysis Function - Trend Mode - Corrective Structure - Likely Zigzag Position -Wave A of (4) Direction - Wave B of (4) Details - Gold could find support soon for wave A and then B retracement upside can follow toward the 2390-2404 key price zone. Since the current sell-off began on May 20, 2024, gold bulls have taken temporary control. However, prices are now approaching a key support zone where a potential recovery might occur. Despite this, any recovery is expected to lead to another leg lower in the medium term. Once the pullback concludes, the market anticipates the bullish run that started in September 2022 to resume, potentially driving prices to a fresh all-time high. On the daily chart, the rally resumed at 1810 in October 2023 after the previous pullback from May 2023 was completed. At 1810.58, cycle degree wave II ended, and wave III began. The high on May 20, 2024, marked the peak of the intermediate degree wave (3) of the primary degree wave 3 (circled in blue), indicating that the bullish trend remains intact. The current pullback is forming intermediate degree wave (4), which, once completed, will pave the way for the bullish trend to continue higher in wave (5). The H4 chart shows that the price is close to completing wave A of (4) with an impulse wave structure. Additionally, gold is nearing a key price zone where it could find support, allowing wave B to initiate a corrective recovery towards 2390.2-2404.85. Following the completion of wave B, wave C of (4) is expected to continue downward, completing the corrective phase. Although the overall trend is bullish, the ongoing pullback from 2450.38 has not yet finished, suggesting that prices could drop further before resuming the upward trend. In summary, gold prices are in a pullback phase following the sell-off that began on May 20, 2024. This pullback is approaching a key support zone where a temporary recovery might occur, but it is expected to lead to another leg lower in the medium term. The daily chart indicates that the bullish trend, which started in September 2022 and resumed at 1810 in October 2023, remains unbroken. The current pullback is forming intermediate wave (4), with wave (5) anticipated to drive prices higher once the correction is complete. The H4 chart suggests that wave A of (4) is nearing completion, with wave B expected to recover towards 2390.2-2404.85 before wave C continues downward. Traders should monitor the key support zone and the development of wave B to time their entries for the next phase of the bullish trend. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here! -
By Fraseerjones · Posted
How do I configure my account to trade in the the pre and after markets? Thanks in advance Fraser
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