#Gold #Nasdaq It’s time for an incomprehensible holiday in America with the market winding down for a day off in New York on Thursday followed by what is usually a seriously boring morning on Friday until the US markets again close, allowing everyone to go shopping in Black Friday for perceived bargains. But for a real bargain, you had to read our report on 21st May of this year as it proved “pure Gold”.
The reason we’re patting ourselves on the back comes from the price of Gold making its way from $2429, even managing to hit our top target level of $2778 on October 30th by closing that session at an impressive $2786. Of course, since then, the price of Gold has faded somewhat as there was a fairly major issue at our third level ambition. According to our calculations, we ran out of targets above $2778 and while the price marginally exceeded our top level, it’s difficult to spout massive enthusiasm for the future unless the metal enacts a period of volatility or alternately, the market could simply gap the price of Gold up very substantially.
Currently, above 2720 points at the potential of movement to an initial 2791 dollars with our secondary, if beaten, now working out at a fairly humble looking 2877 dollars. At such a level, if it ever appears, we shall again expect some volatility in the market place, if only to lay the foundations for future growth. But at the moment, our opinion remains to strongly doubt those journalists now proposing 3k dollars and above as the next target level for Gold. Some stutters look essential.
If things intend go a little wrong, below $2562 should trigger reversals to an initial 2514 dollars with our secondary, if broken, an eventual probable bottom of 2424 dollars.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:50:10PM | BRENT | 7258.3 | |||||||||
| 10:54:41PM | GOLD | 2624.43 | 2617 | 2609 | 2577 | 2630 | 2691 | 2719 | 2753 | 2669 | Success |
| 11:41:24PM | FTSE | 8293 | ‘cess | ||||||||
| 11:46:36PM | STOX50 | 4748.5 | ‘cess | ||||||||
| 11:49:38PM | GERMANY | 19261 | ‘cess | ||||||||
| 11:42:02PM | US500 | 5966.7 | ‘cess | ||||||||
| 11:49:28PM | DOW | 44590 | ‘cess | ||||||||
| 11:52:48PM | NASDAQ | 20707 | 20683 | 20611 | 20481 | 20804 | 21009 | 21109 | 21226 | 20847 | ‘cess |
| 11:54:19PM | JAPAN | 38130 | 39067 | No | bright | ideas | ‘cess |
25/11/2024 FTSE Closed at 8291 points. Change of 0.35%. Total value traded through LSE was: £ 11,560,117,120 a change of 129.48%
22/11/2024 FTSE Closed at 8262 points. Change of 1.39%. Total value traded through LSE was: £ 5,037,419,096 a change of -5.47%
21/11/2024 FTSE Closed at 8149 points. Change of 0.79%. Total value traded through LSE was: £ 5,329,138,992 a change of 5.3%
20/11/2024 FTSE Closed at 8085 points. Change of -0.17%. Total value traded through LSE was: £ 5,060,732,508 a change of -17.24%
19/11/2024 FTSE Closed at 8099 points. Change of -0.12%. Total value traded through LSE was: £ 6,114,723,554 a change of -10.83%
18/11/2024 FTSE Closed at 8109 points. Change of 0.57%. Total value traded through LSE was: £ 6,857,494,541 a change of 25.41%
16/11/2024 FTSE Closed at 8063 points. Change of -0.1%. Total value traded through LSE was: £ 5,468,037,498 a change of 6.49% 
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:BARC Barclays** **LSE:BT.A British Telecom** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:SMT Scottish Mortgage Investment Trust** **
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Updated charts published on : Barclays, British Telecom, Gulf Keystone, HSBC, British Airways, Intercontinental Hotels Group, Scottish Mortgage Investment Trust,
LSE:BARC Barclays. Close Mid-Price: 263.65 Percentage Change: + 2.51% Day High: 265.4 Day Low: 256.25
Further movement against Barclays ABOVE 265.4 should improve acceleration ……..
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View Previous Barclays & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 154.95 Percentage Change: + 2.45% Day High: 156.4 Day Low: 151.2
Target met. In the event of British Telecom enjoying further trades beyon ……..
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View Previous British Telecom & Big Picture ***
LSE:GKP Gulf Keystone Close Mid-Price: 142.7 Percentage Change: -0.63% Day High: 147.1 Day Low: 142.7
Target met. Continued trades against GKP with a mid-price ABOVE 147.1 sho ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 733.7 Percentage Change: + 1.28% Day High: 735.1 Day Low: 723.6
Continued trades against HSBA with a mid-price ABOVE 735.1 should improve ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 253.6 Percentage Change: + 3.09% Day High: 254.8 Day Low: 245.9
Target met. All British Airways needs are mid-price trades ABOVE 255p to ……..
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View Previous British Airways & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9800 Percentage Change: + 1.34% Day High: 9828 Day Low: 9662
Target met. In the event of Intercontinental Hotels Group enjoying furthe ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 935 Percentage Change: + 0.62% Day High: 946.4 Day Low: 931.2
Continued trades against SMT with a mid-price ABOVE 946.4 should improve ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***