XAUEURGold / Euro has recently hitthe resistance for expanding triangle, which is also the supply zone. So My prediction is that of a drop headed down to the Quasimodo Level.
XAUEUR trade ideas
posible venta(sell)gbpusd me saco en BE Jaja bueno me gusto este trade porque es mas simple que el xauusd, si quieres analizar el xauusd, es mejor analizar este primero... tienen una correlacion bastante parecida.
bueno a lo que vamos, pienso que seguira su tendencia bajista. es un analisis de zonas nada complicado- y esperar haber como va...
Gold seeks a breakoutPrecious metal price in Euro is set to re-test the 23.60 retracement level again in a bid to break out of the triangle-shaped formation. If the price persists above that line, we will follow 1365. The second upward target in that case will be 1368 that corresponds with the 38.20 retracement.
Euro gold re-testing breakdown with head and shoulders topSomething is happening. Dollar gold is stronger than euro gold. Maybe a big euro reversal?
Euro gold has broken down and ready for a tumble to 1280But dollar gold held support and going higher.
Euro gold head and shoulder top projects to 1275Gold in dollars doesn't show the same topping formation.
Euro gold barely holding onCoinciding with Draghi putting away the bazooka. He doesn't have the votes to fire it. Dollar gold will take over the bull reins from Euro gold.
Euro gold's last line of defenseIf 1360 breaks, euro will outperform the dollar (dollar gold will keep climbing).
XAUEUR Year-end SHORT Here we can clearly see the pair may just done w/ the tantamount 3 months rallies... Now would be opportune time to start gathering shorts, if gold equals inverse real rates, is it any surprise that EUR price of gold is at an ATH? if inflation does drop as EU heads into recession, real rates will rise, suggesting that the peak in gold prices may be near.
#Gold #XAU/EUR - GOLDEN CROSS approaching (long-term analysis)A very rare extremely bullish signal on the 1M chart of #Gold - a GOLDEN CROSS (50/100 MA) is approaching on Gold/EUR chart which will cross beginning or mid Sep 2019.
(Note: On the USD chart the cross will occur approximately 1/2 year later)
This is one of the biggest bullish signals and which can indicate an extended bull market for the next 10 years!
However, nothing goes up in straight lines. There will be pullbacks which you can use as investment opportunities.
I´m not a financial advisor. For educational purpose only!
#Gold/EUR #XAUEUR - short / intermediate term analysisGold has broken out of its resistance trend line (yellow doted line) which will soon be tested as new support.
On H4 TF there is bearish momentum on StochRSI and wave trend oscillator which will bring the price down again to the yellow doted line.
Bullish momentum on 1D TF has built up (see StochRSI, and bullish crosses on wave trend oscillator and MACD) which should be strong enough to bring Gold to new highs soon in the short-term (yellow arrow). Note that we are near the distribution zone which is between €1300 - 1387!
Day traders can wait for bullish momentum on H1 & H4 TF and set their entry near the yellow line for a long.
Swing traders which should have already bought gold can set their TP1 slightly below the distribution zone (~ €1295), and TP2 inside the distribution zone.
In a few week short opportunities will arise on higher time frames (1D, 1W chart).
Sentiment is also already approaching risky levels for gold investors.
However, looong-term I´m very bullish due to the 50/100 MA golden cross on the 1M chart which will come in Sep 2019!
I´m not a financial advisor. For educational purpose only!
