1710 long term gold target identified This is a quick update on a new level that we have identified in our setup. We have been buying dips and still targeting longs from good support levels.
However we have just identified a Goldturn AXIS level at 1710, which is likely to hit at some point before some of our long term Bull targets. 1819 is still looking like a level that would be taken out before this axis level. However now that we have this target activated we must take caution in managing our long positions and make sure we are able to manage any exposure at that range.
Please also review our overall report and analysis on the link to related ideas below;
Please dont forget to hit like, comment and follow to support us.
GoldViewFX
XAUUSD Top Author
Buysetup
EURUSD buy trades Still looking for an upside move as price is starting to shape nicely. The area of 1.12600 is where I'm looking to see more rejection for confirmation of those buy trades. Hopefully this week we get some momentum and can catch nice buy trades, as always make sure risk is on point and your are sticking to your plan!
FET Buy Setup For invest - FETCH.AI IS A GoodProject For Invest
Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable their collective learning. It was launched in 2017 by a team based in Cambridge, UK.
Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving.
These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.
Gold TARGETS$$$ and support & resistance levels We have updated the hourly Goldturn support and resistance levels. Price was supported at 1766 Goldturn and smaller Goldturns created above it. EMA5 has crossed 1778 with a candle body close, which opens target to 1794.
1808 is the challenge we are looking for. A break on this level will confirm 1830. We are still buying dips unless we see a break and close below 1766, which will then open the lower support levels of 1746 and 1726.
Goldturn Support Levels:
1778
1766
1746
1726
Goldturn Resistance levels:
1794
1808
1819
1830
1862
1872
Please do like, comment and follow, to support us.
GoldViewFX
Godfrey Phillips - Care to take a puff of this stock ? Technical reasoning for a Bullish setup :
> Quarterly charts represent a 6 year base building in this cigarette company from 2016 to 2021 where the stock has done nothing
> Apr 2020 to June 2021 - 5 quarterly candles just showed sideways action in the counter and finally a breakout to retest the all time high resistance happened in July to September quarter
> As the saying goes the bigger the base, the longer in space - A successful breakout & close above overhead resistance of 1400 zone can attract further momentum taking the stock to 2000 in coming months.
> Depending on the time frame , risk can be defined at 1100 (for short term) and 950 (for long term)
> Disclosure : I bought stake @ 1319 on Nov 3 , 2021
Cigarette smoking is bad for health, but will it be bad for my portfolio ? Only time will tell
$CFVI Target PTs 40-100-150 and higher$CFVI as expected, Rumble and Trump’s social media venture $DWAC have been in talks about a potential business partnership...
1.6 Million active users in Q3 2020 to 36 Million active users in Q3 2020
2150% increase in one year!!!
This is not a $12 SPAC, also the deal is worth 15% of Rumble, that’s high for a SPAC deal...
AJG finally looking to move higher?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Financial sector
* Breaking out of a tight range of ~3.35% with slightly higher than average volume
* I originally mentioned this as it was breaking out of the cup with handle pattern at $153.09
* It has since then move higher and then started to consolidate
* Even as the financial sector took a hit in the past week AJG managed to consolidate and stay afloat
* This shows that there are institutions still interested in this stock and are holding it up
* Now as the markets are showing signs of recovery, AJG is breaking out of the consolidation
Trade Idea:
* Now's a great time to enter as the price is just above the broken resistance of the range
SGH using IPO base resistance as support!* Great accelerating earnings
* Breaking out of its IPO base
* High 3-month relative strength in the Tech sector
* Using the broken resistance of the IPO base as support
* Formed a cup and handle pattern
* Holding up really well even in a correction
* Has been consolidating right above broken resistance for the past 4 weeks.
* Maximum probable ROI is ~41%
* Depth of the base is at ~70%
* Has been forming the base since 2018 so ~70% move up isn't unlikely
Trade Idea:
* Given the nature of the current market and if you don't mind a little volatility, now would be a great time to enter as it's constructing a new support around the $56.69 area.
* If you're looking for a slight discount you can look for an entry around the $56.69 area given it's acting as support
Caution:
* A daily close below $56.69 would negate the idea.
* Given the market conditions and your risk tolerance use your judgement as to where you should enter.
* A daily close below $56.69 could have the price around $53.73
TER ready to move higher after using the 2000 highs as support?* Exceptional earnings
* Strong up trend
* High 3-month relative strength in the Tech sector
* Breaking out of a ~1 year base with higher than average volume
* Recently used $104.88 as support which was the high from the 2000's
* Broke base resistance ($147.46) and has been using it as support for the past
12 days
* Maximum probable ROI would be ~41.84%
Trade Idea:
* Great time to enter as the price is bouncing off of the broken resistance and isn't too far away.
* If you're looking for a slight discount you can look for an entry near the $147.46 area since that should serve as support moving forward.
UDR ready to move higher?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a 18 week base with higher than average volume
* Has been consolidating above the broken resistance for the past 12 days making it a new level of support.
Trade Idea:
* Now's a great time to enter as the Real Estate market is showing strength.
* Price isn't too far away from the broken resistance turned support
* If you're looking for a slight discount you can look for buying opportunities near the $55.93 area