Goldview hourly chart update and next stop!1794 being broken with EMA5 confirming 1785.
We are expecting this level to hold and then a challenge back up at 1794. A goldturn break on 1994 will then open target to 1810 next goldturn.
We are expecting 1810 as a target!
Please review our weekly report on related links for our overall anlaysis.
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GoldViewFX
XAUUSD TOP AUTHOR
Buysetup
CUBE ready to move higher?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a ~2 month base forming a cup and handle
* Breaking out with higher than average volume
Trade Idea:
* Now's a great time to enter as the price is very close to the broken level
* Looking at the weekly chart, it seems like this is ready to move now.
Caution:
* Consider exiting the trade if it makes a daily close below $54.56 and makes lower lows for 3 consecutive days
MAA showing strength in the Real Estate sector.* Good earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a base on base pattern
* The upper base was constructed over 6 weeks
* Breaking out with a lot of volume (130.2% above the 15 day average)
* The Real Estate sector has been consolidating in a very tight range for the past several weeks and is showing signs of breaking out.
Trade Idea:
* Now's a good time to enter as the price broke out for the second time in 3 days.
* It broke out with tonnes of volume so I expect $207.69 to serve as support moving forward
* Alternatively, if you're not getting in now, you can look for buying opportunities near the support of $207.69.
Caution:
* Needless to say, the market is very volatile at the moment and if this makes a daily close below the 20 EMA you might want to consider taking an early exit.
$STRN entry PT 3.50 Target PT 5.50 and higherStran & Company, Inc. provides outsourced marketing solutions. It offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings. The company also provides creative and merchandising services; warehousing/fulfillment and distribution; print-on-demand services; kitting services; point of sale displays; and loyalty and incentive programs. Stran & Company, Inc. was founded in 1994 and is based in Quincy, Massachusetts.
ETSY chart analysis - double topEtsy lost its intraday high on Friday and closed near lows. But it’s still above all the moving average. 5 day, 20 and 50. It has strong high uptrend with strong RSI at 64. BUY THE DIP and let it try to break All time high again. Most likely it won’t break ATH and create a double top situation and will fall after that.
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$MRNAModerna, Inc., a biotechnology company, develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. As of March 9, 2021, the company had 13 programs in clinical trials and a total of 24 development programs in six modalities comprising prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted and cell surface therapeutics, and systemic intracellular therapeutics. The company has strategic alliances with AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, the Biomedical Advanced Research and Development Authority, the Defense Advanced Research Projects Agency, the National Institute of Allergy and Infectious Diseases, the National Institutes of Health, the Coalition for Epidemic Preparedness Innovations, Metagenomi, Inc., and Bill & Melinda Gates Foundation. Moderna, Inc. also has collaborations with Lonza Ltd.; Catalent Inc., Laboratorios Farmacéuticos Rovi, S.A., Recipharm, and Lonza Group; Aldevron, LLC; Institute for Life Changing Medicines; and AbCellera Biologics Inc. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.
META BUY IDEAMETA has currently fell from it's All Time High to form a new Lower Low. The pullback is a healthy pullback forming at ABCD pattern. We have the initial High point which is our A then the fall to the Lower Low which is our B. Our C point could be represented by the current pullback that made a new Lower High. IF price does not break that last swing high, then we could see a push down past the last purple line to the blue lines which represents the 127 fib and 161.8 fib support levels. Three potential buy in opportunities would be, the double bottom support form on the bottom purple line and the blue zones below it. So, you have three Buy in targets that you could target to ride back up to the All time highs until it break from there to make a new All time high. This is only my opinion and not financial advice. Please do your own due diligence before investing.
MANAUSD BUY IDEADMana has pulled back into the GOLDEN zone areas of 50%-71% fib support levels. If we hold these strong levels of support/floor, we could potentially see our next push up to test previous highs of $5.50 again to the 161.8 fib resistance of $7. Currently price is at $4.90 which is a great buy in price. Targets are set from fib levels resistance zones. First potential target is the 100% fib level, Second potential target is the 127 fib level and finally Target to 161.8 fib level. But I would take profit accordingly as price rise hitting the different profit targets. This is not financial advice and I'm not a financial advisor, please do your own due diligence this is only my opinion.
Gold Rally to 2,130Gold is in its' last wave up (Wave 5) and specifically in wave 3 of 5 (the strongest impulsive wave), it is now on its' trendline which has been intact since March 2020 and is a sub trendline of the bigger uptrend that has been intact for 4 years now. Moreover, gold is now on the 61.8% Fibo level which supports the scenario of gold going up.
Targets are calculated based on Fibonacci extensions and gold is expected to extend to new all time highs. A safe target would be 2,045 however it is expected to break the previous ATH and reach the following targets:
2,130 ---> 2,180 ---> 2,300
A proper stop loss would be below the 1,756 level to protect the trade from whipsaws and it is recommended to move SL to breakeven right after the breaking of the 1,960 level.
OUR GOLD ENTRY TAKE PROFIT ZONES AND TRADING PLAN ! This is our Bullish scenario trading plan, should each of these levels be tested, together with our daily analysis and technical confirmations, we will be taking our buy entries and taking profit at the areas highlighted.
We find it very useful to always have a trading plan to follow. It allows you to follow a initial map and it then becomes easier to make changes as the price unfolds.
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Xauusd Top AUTHOR
Ethereum is setting up to fight back from recent weaknessEthereum is starting to hold above the longer term 200 EMA as buyers soak up the recent selling pressure. In the video, I run through the price action and why I expect to see a move up in the near term and the action I want to see for an entry setup.
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Where is PLD headed next?* Exceptional earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Built a 3 month base between $125.45 and $138.67
* After breaking out started to consolidate in a tight range
* Slowly kept moving higher even as the general Real Estate sector was ranging during the same period
* Broke out of the tight consolidation with higher than average volume
Trade Idea:
* Now's a great time to enter as the price just broke out of the tight range
* If you're looking for a slight discount you can look to buy near the $150.90 area as that should serve as support
* Even if the general Real Estate sector continues to range it seems like PLD will continue to move higher; given how it performed over the past three weeks.
MCHP ready to move higher?* Exceptional earnings
* Very strong up trend
* High 3-month relative strength in the Tech sector
* Broke out of an 11 month range on November 4th
* Since the breakout it has been consolidating above the broken level making it a new support
* Maximum probable ROI would be 25.60% if the trade goes in our favor
Trade Idea:
* Now's a great time to enter as the price is really close to the broken level and the volume shows institutional interest after 2 weeks of tight consolidation.
* If you're looking for a slight discount you can look to buy near the $82.40 area as that has been serving as support for the past ~13 days
* Consider taking partial profits at $92.40
Caution:
* A daily close below $82.41 could put this idea in trouble.
* Consider exiting the trade early if the price make 4 consecutive lower lows on a daily basis
CSX broke out of a tight range. Where is it headed next?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Industrial sector
* Built an 8 month base between $29.71 and $34.26
* After breaking out it started to consolidate in a tight range creating a base on base pattern
* Breaking out of the range with higher than average volume
Trade Idea:
* Now's a great time to enter as the price is very close to the broken level
Caution:
* A daily close below $36.25 would put the price back inside the range and expose $35.14 as support
* Consider exiting the trade early if the price make 4 consecutive lower lows on a daily basis.
* Alternatively, a daily close below $35.14 would negate the idea
UNP ready to make the next move higher?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Industrial sector
* Built an 11 month base between $196 and $227.80
* After breaking out it started consolidating in a very tight range creating a base on base pattern
* Consolidated for about a month and now breaking out with higher than average volume
Trade Idea:
* If you can handle a little volatility, now's a great time to enter as the price is still close to the broken range and is picking up on volume
* If you're looking for a slight discount you can look for buying opportunities near the $243.91 area
* Looking at the chart, it wouldn't surprise me if it does come back to retest the $243.91 area before heading higher.
Caution:
* A daily close below $238.83 would negate the idea
EUR/USD November 24, 2021A sustained move over 1.1236 will indicate the presence of buyers. If this creates enough upside momentum then look for a surge into 1.1291 – 1.1300.
Sellers could come in on the first test of 1.1291 – 1.1300. However, 1.1300 is also a potential trigger point for an acceleration to the upside with 1.1345 the next major target
GoldTurn strategy in ACTION!As per our analysis yesterday and the identified Goldturn level broken with EMA5, you can clearly see price hitting our target or as good as. We also used last nights close, which created another Godlturn that was broken this morning further confirming this movement. We wait for for the EMA5 to cross the Goldturn level and then a candle body close for further confirmation before entry.
We will identify further Goldturn levels throughout the coming weeks, please like, comment and follow us to support our work so we can continue to share our ideas.
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