kerryedwards

kerryedwards Updated 

Silver is approaching key levels of support. As a result, I'm expecting AG to bounce off of this critical level of MONTHLY support in the coming days to weeks ahead. If there is no immediate bounce off the level, you can then expect some consolidation before it takes off to the upside.

kerryedwards

Gold is bouncing off its support line from 2006. If we don't have a monthly close below this line, we can see some upside potential from here on.

kerryedwards

Im extremely bullish this pair for the months ahead. Just waiting for a pull back to happen before I enter the position.

kerryedwards Updated 

White trend line has been rejected quite a few times and we still haven't filled the gap between 1.3446 to 1.3517.

kerryedwards

From a technical standpoint, we really should be taking a look at the 2-month or 3-month (Quarterly) charts to have a better perspective on the price of gold. Currently we are sitting at a level of resistance that has been rejected for the past 5-6 years. On a 2-month or 3-month chart, you'll notice where indicated by the red arrows, gold hasn't been able to...

kerryedwards

The S&P is well over sold and is currently tagging it's monthly trend line. Despite the huge decline for the month of December we should get a rally in the final trading week.

kerryedwards

A quite distinct bullish pattern that has occurred in the Junior Gold mining stock index (Jnug, Gdxj) seems like it is reoccurring. However, this is just an observation.

kerryedwards Updated 

2018 May Be The Year To Buy And Hold Gold. In The Past Just before Gold Makes Its Bullish Run, It Forms And Eventually Breaks Out Of A Triangular Basing Pattern. At The Present Time, It's Doing The Exact Same Thing! You Will Also Notice That It's Current Basing Pattern Is Much Bigger Than All Of Its Previous Triangular Basing Patterns ("The Bigger The Base, The...

kerryedwards Updated 

The cycles have completely bottomed in this pair. Price also keeps bouncing off support. Looking to go long and hold this position for quite a few weeks.

kerryedwards

Seems like the cycles are bottoming for EurGbp and my projection is to the long side for the next few weeks on a pullback to the levels shown on the chart. Lets see what happens!

kerryedwards Updated 

I'm Bullish Eur/Usd for the long term but for this week it looks like there maybe some weakness to the downside.

kerryedwards

Hi everyone, I just wanted some feedback for this possible Usd/Jpy long. If I end up taking this trade, I would want to see a daily green candle close in the area of resistance that I pointed out (or all 3 moving avgs starting to point upwards). This would be my confirmation! However, if a daily red candle ends up closing within the 50% - 61.8% retracement...

kerryedwards

I dont think this pair is going to parity for now (but what I think really doesnt matter). To me, the path of least resistance seems like its to the upside. Depending on what the feds say today in their forecast outlook (2 rate hikes for 2017 maybe still kind of dovish and not aggressive enough) will determine whether this Pair breaks 1.04-1.05 area or uses it as...