jerryhero

jerryhero

10/17

jerryhero

A 72% retracement to retest resistance. Can we see downward movement after a long period of bulls running GJ. 2018 Bears takeover

jerryhero

Making a series of lower lows , looking like it can hit the 61.8 retracement . Also retesting new resistance for the first time

jerryhero

snbsn

jerryhero

changing direction ? my orginal bias is bearish ,

jerryhero

EU

jerryhero

4 hr emas are telling me bears are running out of the california fires. Broke a 2 month long consolidation because of NFP on 12/9 . a retest on the new found resistance or 50 would be one of my sell entries. aver que pasa con oro

jerryhero

respected the 61% , lots of wicks were thrown but none closed above 50 or 61% on the daily EMAS on 4hr aint ready , also retesting . confluences tell me bears are here

jerryhero

emas are ligned up with the 50 and 200 ema , emas are not ready for bullish market .. looking for a 3rd hit on the trend line

jerryhero

Aussi Dolla Bearish trend In on a sell already , if it breaks top trend line we can expect it to move to the 71% retracement which is the 800 ema on the 1 hr , which can be a trend reset.

jerryhero

WITHA NICE RESPECT OF THE 50 AND THE 61 RETRACEMENT WE CAN NOW SEE PRICE MOVE UP TO THE WEEKLY RESISTANCE AND MONTHLT RESISTANCE.

jerryhero

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jerryhero

with a nice bounce off the 61% retracement my bias is bullish with 1400.00 being my target , although i wanted to see a hit on the trendline . Although if the dollar breaks the 78% retracement we can expect bearish for gold .

jerryhero

WIth a retest on the new found resistance we can expect a lower low this week or next ,could consoliate first .

jerryhero

with the respect of the 78% retracement and resistance we can expect a push down to the 90.00. if it breaks the 78% fib retracement we can expect bullish market

jerryhero

like my odds here , using the EMAS as resistance and entries

jerryhero

Posibilities

jerryhero

800 EMA ZONE IN 1HR (Trend Reset) 50 EMA ON DAILY ZONE IS KNOWn TO make decisions