My view for the coming 6 months for DOW JONES To be updated weekly base lets the price how will take us.
let's see how the price will react Major support overhead
let's see are we are still in the correction of Wave 4 before the last wave
Textbook chart
You can check my previous idea that Dow Jones will reach the 30 to 32 K Now we are almost there be Ready.
The monthly frame takes us to a new high
I build the view-based below. 1- pull back from 32% fibo at 26670 levels. 2- Macd cross on a daily frame. 3- RSI above 50 which is still in an uptrend. 4- Stochastic supports the idea. Lest see what will happen, but still we need to pass the 29100 levels to go the new high.
the daily frame takes us to 28900 once we pass 28500 the strong level check below last analysis
we get the first confirmation waiting for the second one to go with Important level 28100
Perfect closure for the day lets go now
failure of breaking 1865 $ Gold on the way for a new high ,, lets see Hints 4 hrs frame levels highlighted
Last week we predict to go on the correction stage but we see the hold. max high this week 28900 and the lowest 27880
Gold didn't reach the bottom yet