XAUEUR trade ideas
XAUEUR Market StructureHello Traders!
Gold/Euro is in an ending pattern structure. I am anticipating one final wave down and since it is on the daily chart, it may last several weeks. It is a good idea to look for short opportunities from the top and also to sell/add positions at the Breakout. Once this ending pattern is complete, market may form a big bullish wave that is certainly one to be in.
BTFD!!! (Gold/Euro)Hello Traders!
I am watching XAUEUR closely as it completes its pattern and as it makes its final attempts at a bearish wave, it is a great opportunity to BTFD! lol. Jokes aside, this is a great reversal pattern to take that may prove to be very good. Buy the dip, & buy again at the breakout and retest/correction.
Gold vs EuroNice opportunity to go long on this pare as trendline is broken. Now price is going to break 100MA and should break 200MA also which is coming from previous tops. The possible entry zone could be after breaking 200MA and also resistance zone, closing above 1104.00 with target zones 1125.00 and 1147.00
-Ginvest