Dear Friends in Trading,
Experimental Test Phase Week:
Correlation Logic & Daily Efficiency - GOLD🔄NASDAQ🔄DOW JONES
🔎 Previous Week Observations -
Price built a volume base / cluster around 45,950 – 46,050 last week (multiple rotations here).
Breakout rallies on the 18th and 19th pushed price above 46,200, which is now acting as resistance/acceptance.
Current level (~46,273) is sitting right at this balance edge.
🎯US30 - 22Sept:
Pivot Area: 46,000 ± 50
Bias: Neutral-Bullish above pivot
Bull targets: 46,400 → 46,600
Bear targets: 45,800 → 45,600
👉 Gold and indices are inversely correlated intraday; if one pivots, the other confirms.
Dow showing slower but steady grind.
Needs >46,400 to confirm breakout continuation.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
Experimental Test Phase Week:
Correlation Logic & Daily Efficiency - GOLD🔄NASDAQ🔄DOW JONES
🔎 Previous Week Observations -
Price built a volume base / cluster around 45,950 – 46,050 last week (multiple rotations here).
Breakout rallies on the 18th and 19th pushed price above 46,200, which is now acting as resistance/acceptance.
Current level (~46,273) is sitting right at this balance edge.
🎯US30 - 22Sept:
Pivot Area: 46,000 ± 50
Bias: Neutral-Bullish above pivot
Bull targets: 46,400 → 46,600
Bear targets: 45,800 → 45,600
👉 Gold and indices are inversely correlated intraday; if one pivots, the other confirms.
Dow showing slower but steady grind.
Needs >46,400 to confirm breakout continuation.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
Nota
1st Bull Target Reached🎯👌
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.