top of page
Writer's pictureK9 Investments
Nov 63 min read

US30 Daily Market Analysis 6th NOV 2024 by K9 Investments Trading

💬 WhatsApp K9 Investments Trading: www.k9investmentstrading.com for FREE Gold Forex Live Trade Setups & Market Analysis.


Live Market Price: $42,791


🔹US30 Intraday Trading Setups

🥇 FREE Telegram Channel: @K9_Investments_GoldTrading

📈 Buy Setup:

  • Trade Entry: Buy at $42,850

  • Stop Loss: $42,700

  • Take Profit 1: $43,000

  • Take Profit 2: $43,150

📉 Sell Setup:

  • Trade Entry: Sell at $42,600

  • Stop Loss: $42,750

  • Take Profit 1: $42,450

  • Take Profit 2: $42,300

Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.


🔍 US30 Daily Market Analysis

Market Overview

Today's analysis of US30 is based on Daily and 4-hour time frames. We'll utilize advanced tools like Fibonacci Retracement Levels, EMA, RSI Divergence, Weekly Pivots, Daily Pivots, Support & Resistance Levels, Order Blocks, and MACD for an in-depth view.


Key Technical Indicators

Support & Resistance Levels

  • Daily Support: $42,300

  • Daily Resistance: $43,100

  • 4-Hour Support: $42,450

  • 4-Hour Resistance: $42,950

Exponential Moving Averages (EMA)

Daily Time Frame

  • EMA 50: $42,650

  • EMA 100: $42,480

  • EMA 200: $42,300

  • EMA 400: $42,000

4-Hour Time Frame

  • EMA 50: $42,590

  • EMA 100: $42,450

  • EMA 200: $42,200

  • EMA 400: $41,800

Fibonacci Retracement Levels

Using the latest swing highs and lows on the daily chart, here are the critical levels to watch for intraday setups:

  • 61.8% Retracement: $42,750

  • 38.2% Retracement: $42,500

MACD Analysis

The MACD on the daily timeframe shows a strong bullish momentum above the signal line, indicating potential upward movement. However, a shift in the histogram on the 4-hour chart suggests caution on high resistance levels.


Order Blocks

Order Blocks have been identified on both daily and 4-hour charts. Look for bullish order blocks near $42,450 and bearish order blocks around $43,000.



💡US30 Daily Analysis Summary by K9 Investments Trading

🥇 FREE Telegram Channel: @K9_Investments_GoldTrading


US30

Summary of Key Levels:

  • Support Levels: $42,300 (Daily), $42,450 (4-Hour)

  • Resistance Levels: $43,100 (Daily), $42,950 (4-Hour)

  • Daily EMAs (50/100/200/400): $42,650 / $42,480 / $42,300 / $42,000

  • Weekly Pivots: R1 at $43,100, S1 at $42,300, S2 at $42,000

📈 USD Fundamental News Impact

Upcoming USD economic events may affect market volatility and impact asset performance, including Non-Farm Payrolls and Consumer Price Index (CPI). Such data could indirectly influence US30's movements, so stay updated with weekly economic releases.


FAQs

1.Why is K9 Investments the best signal provider?

K9 Investments stands out by offering FREE signals, educational resources, daily analysis, and access to Gold Forex Trading Ebooks.

Visit www.k9investmentstrading.com for insights and resources.


2.Which brokers are trusted for Gold Forex Crypto trading?

We recommend trusted brokers such as:

3. How accurate are K9 Investments’ signals?

Our signals aim for high accuracy based on thorough analysis with tools like Fibonacci, EMA, and pivots. Join our Telegram for real-time updates.


4. Can I trade on US30 as a beginner?

Yes, but trading US30 requires strong knowledge. Check our Free Trading Education for beginner resources.


5. What are the best tools for US30 analysis?

Indicators like EMA, RSI Divergence, Fibonacci, and Order Blocks are essential. Join K9 Investments for expert analysis.


6. Is K9 Investments’ service truly free?

Yes, we offer free trading signals and market analysis. Subscribe on our website.


7.Can I receive signals for both gold and forex?

Absolutely. We provide signals for forex pairs, gold, and US30. Access our FREE Signals.


8.How often does K9 Investments post market analysis?

Daily updates and weekly summaries are provided on our blog.



Hashtags:


8 views0 comments

Comments

bottom of page