jerryfc000

jerryfc000

The Grand-Scale Consolidation – The Market Reckoning The exaggerated price hike has already priced in all major factors—interest rates, geopolitics, economic shifts, and institutional positioning. Fear drove the market upwards, but now, it’s time for a long-term balance that reflects real demand, not opportunistic hype. Right now, gold demand is opportunistic....

jerryfc000

The Gold-Backed Financial Shift: A New Era in Global Monetary Policy? Key Insights: 🔹 Gold Market Positioning – BRICS nations appear to be adjusting their gold reserves , potentially influencing gold price dynamics to create greater accessibility for public adoption . 🔹 Gold-Backed Currency Transition – A potential gold-backed financial system could...

jerryfc000 Updated 

The bullish bias has been in full swing for over a week now, pushing prices to unprecedented highs. Retail traders seem thrilled to ride the uptrend. The big question remains: how high can TRADENATION:XAUUSD go? No one truly knows until it unfolds. Make informed decisions for yourself—avoid relying too much on others, as we all have equal access to these price...

jerryfc000

1. Upside/Downside Potential Upside: Current price closing at 3,237.65 suggests bullish momentum, especially if it breaks past the 0.00% Fibonacci retracement level at 3,245.51. Downside: Watch for retracements toward 3,170.50 (4.60%) or deeper corrections to 3,098.76 (9.00%) as potential support zones. 2. Critical Support/Resistance Levels Support...

jerryfc000 Updated 

Bull momentum might catch up above 3084/3076. Meanwhile, downside opportunity continuation below 2972/2970 critical support level. Short-term / momentum builds watch for level 3018, above this level suggesting bull participant intensify. Should downward movement continuation confirmed, watch for level: 2978 / 2972 / 2966 / 2954 / 2937 / 2879 / 2853 / 2834 /...

jerryfc000

Bullish range intake above 28933.8 / 28623.7

jerryfc000 Updated 

Monitoring price closed above 30675; Bullish environment.

jerryfc000 Updated 

2020 Yearly Range Study is for my own view, however, if anybody would agree or disagree, do share your view. A different perspective on this subject is very much appreciated.

jerryfc000 Updated 

Following the previous study The recent movement to anticipate is this. I will keep an open mind, as the structure is at peak. Could a retracement happen anytime soon? If yes, where will we wait?

jerryfc000 Updated 

This is only speculation of what may happening for the month of December 2019. These levels will be the decision level I would expect. It is towards end of the year, it may not be a surprise if the market tends to push further than these levels. However, it might help to know whether the question in my head will be answered based on the logic of these...

jerryfc000 Updated 

Nonetheless, the price has reached the new high and with such a big move, either side movement could happen. Let's see what will happen today closed. I did mark the level of where it will go and anticipate the possibility of both sides. Today range: R1 3183.76 R2 3198.93 R3 3221.56 Decision Line: 3161.13 S1 3145.96 S2 3123.33 S3 3108.16

jerryfc000

This review is how I will anticipate the market. Knowing the last candle of the year is about to end, I will keep all options open and knowing the opportunity now is here. I post simply a line of level which I will be watching as described. It's simple, the rule of any business is progress unless some significant hickup (usually just an excuse to justify the...

jerryfc000

Just my 2ct view. It's the end of year 2019, new year is approaching. 2018 has seen the correction wave completed. Whatever onward will be a great opportunity for a trader strategy and expectation. Market nature is obvious, all business is about growth. However at the time market also need to refresh a room for more growth. The only way to do so is to accumulate...