Looking at the possibility longs on XAUChfAfter considering the wave counts i am convinced we are in for a long rally on Xau-Chf , bugt for now we need the correction short to the Area of demand and supply
XAUCHF trade ideas
XAUCHF_BearishMetal is looking bearish against Swiss franc and based on the chart patterns we have open a short trade on it. Levels marked on the chart as well.
DYOR (Do your own research)
Bearish trend in XAUCHFA bearish trend is forming in XAUCHF pair in an hourly timeframe. There is no visible divergence and the current bearish trend is expected to continue creating new LHs and LLs. This is a good point for shorting.
Gold priced in swiss francFailed moves in one direction, often create violent moves in the opposite direction.
If gold can breakout versus the strongest of the major fiat currencies... oh boy!
#gold #swissfranc #xauchf
Gold priced in Swiss Franc.If gold breaks out versus the Swiss franc...
What do you think will happen to gold priced in the other, weaker fiat currencies?
Includes the US dollar.
#gold #swissfranc #usdollar #inflation #purchasingpower #silver #fintwit
Gold expressed in Swiss francSwiss Franc is historically the strongest currency.
If gold can outperform it, probabilities increase we are entering a precious metals bull era.
#gold #swiss #usdollar
XAUCHF 06/04/2023Monthly:
-Buyside liquidity resting above relative equal highs.
Weekly:
-FVG.
-S&D zone.
Daily:
-Bullish M pattern.
-IC.
4H:
-Bullish M pattern.
-OB.
XAUCHF - Long- Price arriving support zone and re-testing again support trend line
- Engulfing candle (trigger)
clear positionHi,
retracement come to 200sma and 0,618 fibo point. nice supply i think. can be some gartley or crab formation which i dont care.
4h rsi on bull side
daily macd works well. we have to see cross to enter trace.
1713 level is the key. when hits check the volume and candlestick forms.
cy.
INGCHF/BUY POSITIONHi guys
As you can see ,The price is in a descending channel, and in the third meeting with the ceiling of the channel , which we marked with a circle, it breaks the channel and is expected to rise firs to the middle and them to the ceiling of the next channel.
Be sure to comment your opinion.
good luck
long ING/CHFHello traders, Everything is clear on the chart for you like always. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me.
xauchf still wait long possition because price is near to monthly pitchfork nice support zone!!! if support come slowly and ranged pattern we can long possition
XAUCHF LONGThe fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, so you can buy.
First target position 1687
XAUCHF LONGThe fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, so you can buy.
XAUCHF LONGThe fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, so you can buy.
XAUCHF Long XAU CHF has a Bullish Engulf pattern on 1h chart at the end of bearish trend.
#week03assignment #Zeeshan
XAUCHF SELLBecause of the third wave wave third son, the first five waves no longer extend, the third wave has ended, and start the fourth wave of correction, because the second wave is a platform, the fourth wave of zigzag type or platform, the third wave of $23, so the fourth wave of the first target for 1856, the next target for 1842, the third goal for 1830, Determine the final target position by looking at whether the first sub-wave of the fourth wave is 5 or 3.
XAUCHF SELLThe third wave has come out, began to go under the fourth wave, because of the second wave is platform type, so the fourth wave may be zigzag, let's wait and see.
2021-11-17 XAU CHF- breakout areaConsolidation at resistance is possible maybe a shallow pullback. Further corroboration of strength of gold against other currencies especially Swissy
2021-07-14 XAU CHF - swing hiInverse head and shoulders. Maintaining trajectory of longer trendline.
Looking for breakout of last swing high
