VincePrince

FNV, GOLD-Mine GEM to Complete Historical Triangle-EXPANSION!

VincePrince Updated   
NYSE:FNV   Franco-Nevada Corporation
Hello There!

Welcome to my newest idea about FNV from the gold market perspective. In recent times, the gold market is approaching severe developments that could lead to major price-action disruptions in any case, especially with the important underlying dynamics to consider as I am doing it within the market. Major innovations and implementations within the gold market sector have the potential to accelerate the price-action dynamic so that stocks like gold mine stock have the potential to move on with historical breakouts like never seen in the gold market history. I have mentioned the gold market developments already in previous ideas and with FNV I have spotted a new gem within the market that can unfold its whole potential with the major gold-backed currency-system implementation developments ongoing.

Historical Gold Market Developments and What Should be Derived for Today´s Market:
Throughout history, gold rushes have shown that the market had the ability to convert the gold market into exponential growth rates almost overnight. Today, with the appropriate technology and innovation provided by a fourth industrial evolution development such measurements within the gold market can top everything seen before in the gold market history. An implementation of a gold-backed currency system even in a small or medium-sized economy field is going to accelerate the demand for gold and therefore also gold mines as it is the case with FNV in such a manner that a major breakout of the established price action will almost be inevitable.

Major Formation to Increase the Potential for a Massive Trend-Acceleration Simultaneously With a Gold-Backed Currency-System Implementation.
FNV is forming this gigantic epic ascending triangle formation with several bullish bouncing within the whole trend direction and the major bullish wave already established before. Furthermore, FNV has major support zones within the whole structure determined by the triangle boundary, the 65-EMA, and the horizontal supports. Now as FNV already penetrates the upper boundary of the major ascending wedge formation this means that a final breakout of the triangle formation above the upper boundary is not far away and especially in this case the full acceleration and implementation of the new gold-backed currency system could be one of the primary triggers of such a final breakout.

Upcoming Perspectives, Determinations, Targets, and Underlying Dynamics as well as the Overall Gold Market to Consider for a Conversion-Breakout Wave-Expansion:
Within my analysis, I spotted the most important metrics, key factors, and price levels to watch out for within the current development, and therefore the finalization of the final breakout and acceleration of the price dynamic is not far away. Once a breakout above the upper boundary of the paramount triangle formation has shown up this is going to mark the origin setup of the huge expansion wave to accelerate within the whole chart. In this case, FNV is going to mark a target zone of at least a 180% continuation. Especially, when the gold-backed currency-system implementation appropriately moves forward simultaneously with the breakout and expansion wave C this is going to accelerate the dynamic even above the levels of the upper target zones.

Especially, today we should look at history and see how innovations and important market changes could transform a market such as the gold market into epic price actions with growth rates above average. Taking this into the perspective of the market today this could be the origin of a major transformational market like never seen before. Therefore, it is necessary that the necessary technology is implemented to actually realize the full potential that results from a gold-backed currency system and the acceleration of gold mines. In this case, I am going to re-analyze the developments with the major key metrics to estimate the trend ongoing within the gold market. It will be an important development.

In this manner, thank you everybody for watching my analysis of CHFAUD. Support from your side is greatly appreciated.

VP
Comment:
Highly important for this major Gold-Mine Gem I recently spotted and analyzed is the main underlying Gold Market Indication I applied in My Analytics.

Here is My Analysis to it:
www.tradingview.com/...pen-Interest-Market/
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UPDATE: The gold open interest is increasing further in recent times.

A swift increase of the open interest is going to lead to a massive volatility spike to complete the gigantic momentous triangle with a breakout towards the 210 level.
Comment:
ANALYSIS UPDATE: FNV is already increasing the bullish volume on the local term.

This is also going to accelerate the bullish volume breakout dynamic on the global term consecutively.
Comment:
ANALYSIS UPDATE: FNV with the major bullish volume that is already emerging is going to setup the epic trend acceleration almost inevitably.
Comment:
UPDATE: FNV is loading up important institutional smart money bullish volume setting up a further increased bullish sentiment acceleration.

FNV is going to complete the major ascending triangle formation at a faster pace than the price action with increased smart money sentiment acceleration.

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