XAUEUR trade ideas
Gold/Euro Gold/Euro remains bullish for the coming week ahead, The market has been forming LH and LL as per this *Flipped* chart. The trend line has been violated and weekly levels have been taken off, the market closed with a bullish momentum on Friday, we do expect a further push to the weekly level marked but to take this trade we rather wait for a pullback or retest of BOS.*Bullish on normal chart*
2021-05-11 XAU / EUR - LongBreakout from downward trendline. Price action is creating wicks on the short side of the candle. Seems to be a backtesting of the trendline.
Definitely worth an entry attempt
XAUEUR, Long trendline violation to occur When the trend is broken we will wait for double bottom and buy. Good luck
SETUP POUR LES PROCHAINS MOIS.SI cette semaine ne remonte pas au dessus de 1500, celà veut simplement dire que le marché baisier continue et vient just de confirmer son rebond pour une forte baise. Tout est dans le graphe. Certes surchagé mais c'est ma façon de travailler et d'aider si possible. TOutefois ceci n'est pas un conseil d'investissement.
FOREXCOM:XAUEUR
GoldEuro UpKeep this chart in mind. Descending trend line has 4 touches. Next time price goes up, it will break the trend line for sure. I’m bullish on this.
XAUEUR SHORT - INTRADAY/SWING POSITIONPOSSIBLE HEAD & SHOULDER FORMATION OR MORE LIKELY A DOUBLE TOP
NEW SHORT TREND IS FORMING on 1HR TF. LH & HL
XAU/EURAn upward movement is expected to approximately the 1490.00
price level, where we have a 23.6% Fibonacci retracement level,
as well as an inside resistance level.
XAUEUR 1D | Important Movement- Bullish price movement towards the resistance 1468 within the next period.
XAUEUR — Weekly RSI 30Some people are thrilled with XAUEUR having touched the Weekly RSI 30 and interpreting this as a possible bottom and an amazing opportunity for long. I refrain myself from saying otherwise, but at the very least I prefer being more cautious here.
Gold hasn't been behaving as one would expect considering everything (e.g., money printing, inflation, fear). So I'd wait to see how it behaves at the H&S neckline before deciding what to do next. And by doing so it might give enough time to see how everything plays out, possibly resulting in a more advantageous long position.
