JeremyKenneth

JeremyKenneth

EURJPY triple top pattern formed, and it looks like the trend is changing.

JeremyKenneth Updated 

Fibonacci 0.618 must hold in order for Gold to go back previous high, if it breaks below 0.618, probably will retest 2000 level support, or maybe even back to the pre-breakout ascending triangle area around 1985.00 Disclaimer : This is not a financial advice. This is solely base on my personal point of view of the market and believes, please manage your risk properly.

JeremyKenneth Updated 

This is my first time trying elliott wave ABCDE bullish breakout strategy. Looks like A B C D has perfectly formed, and now is heading to the E point. If the price is able to hold the 1690 level. I believe it will break to the upside. Please leave down comments and share your thoughts about the chart. Thanks !

JeremyKenneth

Let's see if Gold is able to hold the psychological level 1700 if Gold breaks below 1700 ~ 1690, The next target will be heading back to 1670. if Gold is able to hold the 1700 level and the price rally above 1722, It will trigger more buying volume to push up the price to 1740. Disclaimer : This is not an financial advice. This is solely base on my personal...

JeremyKenneth

FOREXCOM:XAUUSD has broken its upward sloping trendline. I think gold is still bullish in the long term. For short term price target I'll be looking at the 1664.90 to 1642.88 level. Disclaimer : This is not an financial advice. This is solely base on my personal point of view of the market and believes, please manage your risk properly.

JeremyKenneth

Has the manipulations finally coming to an end ? Looks like buyers is in control now. Gold price is at critical support zone now, if it stays above the green December 2015 trend line it will be bullish in my opinion. RSI indicates double bottom. Plus the on going global trade wars concern. What do you think ? Disclaimer : This is solely base on my...

JeremyKenneth

Yesterday Dragonfly doji candlestick closing and opens today at 1266.51 it bounces slightly higher to near 1270.00 level, a sustainable move above the 1270.00 level will possible bounce to resistance area around 1275.00-1282.00 level in the short term. But overall its still bearish. What do you think ?