XAUEUR trade ideas
#Long XAU/EURLong on following rational;
1. Dow theory
2. Bullish Harami Candle
3. Respect of bullish trendline
XAU/EURWe expect a good rise of gold in the daily time. Gold has already done a good upward movement in dealing with moving 200.
XAU/EURFriends, in daily time, gold is rising. Due to the good support of moving 200, we expect a good rise in gold.
Good luck.
XAU/EUR DAILYConsidering the support of moving 200 that we have in the daily time and the upward divergence that we expect at the floor, we expect gold to rise. Of course, the gold chart is analyzed based on the euro.
2. XAUEUR - Bearish TrendXAU EUR is working according to Dow's theory. it is making LH and LL simultaneously and showing a bearish trend on the chart. We will split our Risk in 2 orders. 1st order will have a 1% Risk along with a 1% reward and 2nd order will have a 1% Risk along with 2% Profit.
Sell XAU EUR when the price is below this point 1753. 576
Stop Loss: 1759.961
Take Profit 1: 1747.191
Take Profit 2: 1740.806
Potential Breakout: Higher Highs and Rising Wedge FormationXAUEUR, the gold-to-euro currency pair, has recently shown signs of a potential bullish breakout. After testing a significant support level at 1740, the pair has started to form a pattern of higher highs and higher lows, indicating a shift in momentum.
Currently, XAUEUR is consolidating within the confines of a rising wedge formation. This technical pattern is characterized by converging trend lines, with the upper trend line sloping at a steeper angle than the lower trend line. Such patterns are often regarded as bullish continuation patterns, suggesting that an upside breakout may be on the horizon.
I will closely watch for a potential breakout above the upper trend line of the rising wedge. If the price manages to breach the upper trend line decisively, it could signify a shift in sentiment and the resumption of an upward trend.
POTENTIAL LONG TRADE SET UP FOR XAUEURPair: XAUEUR
Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections
Directional Bias: Long
Entry: Continuation Corrective Structure after the breakout.
⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!
#TheTradingAmbience 🙏🏽🙇🏽♀️
New high coming? This is a very interesting view .. uptrend is really building up and if having those bands on its riding the bulls to push it up higher.
New high? This is a maybe we should be able to see a new high, the recent is 1903.. will it surpass it? It might.
1830’s area is a good buy opportunity before the huge sell off. If new high is coming then I say about 2000, some others said 2050 or 2100.. we will see how it plays out if it chose to sell off it’ll sell off. But this seems like a buy in a longterm.
Watch any reversals trade safe and if new Hugh is coming then we might see new high for Gold.
Important level breakoutThere has been a very long time since the price touched this price level should we look for positions freely? I mean, there is almost nothing about this level how ever it has been a very very strong resistance in the past. It might be wise to wait if it ghoes back to test the zone and then we go long.
XAU EURHi Folks
Find enclosed the updated of the chart of the gold in EUR.
Last days Gold was consolidating. We were expecting the support to hold tight, and this is happening.
A wedge pop happened yesterday and the prices are moving upward => Let continue to follow the trend.
✨ NEW XAUEUR ✨ DT (1M)-SL @ 1902.50
SLO @ 1850
SSO @ 1715
TP1 @ 1550 (shaving 25%)
TP2 @ 1400 (shaving 25%)
TP3 @ 1300 (shaving 25%)
TP4 @ 1066 (closing all)
eurjpy and gold position an overview of why i took a long trade on the eurjpy and xaueur, in this video you will understand the workings of why i took these
positions
XAU/EUR, Bearish AB=CD Harmonic PatternXAU/EUR , in a possible extended downtrend showing RSI divergence and making bearish harmonic pattern AB=CD.
XAUEUR 1D | Important Movement- Possible bearish pullback price movement towards the support 1700 within the next period.
XAUEUR breaking the up trend channel for more upside push!At the beginning of the year OANDA:XAUEUR broke the down side channel. While banks are bankrupting, we see once again gold is the safe heaven for many people. Most importantly for the central banks which have been accumulating physical gold. FED and ECB will struggle to further increase the interest rates. We may see new ATH within a couple of months! Crazy times again.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
XAUEUR Sellam seeing a drop on xaueur at higher high ,last week we saw the bullish moment in gold and all other major pairs due to the affect of news but market did not break its higher high its a opportunity to sell it
how to measure strength of Supply&Demand zones.There should be a maximum of 4-6 candlesticks at the base. The less number of candlesticks at the the base the more the strength of the zone and vice versa .
other features of a good zone include :
-tight candle bases with bodies less than 50%
-strong departure , 2nd leg (IMPULSE) with at least 2 ERC candles closing at its high (about 80% of the whole candle range)
DO NOT CONSIDER A BASE WITH :
-has only doji candles but doji + gape is valid
-has long wicks , they are normally reaction to previous levels
Xaueur goldXaueur, gold
4hr deep crab and weekly chart bullish flag Pattern Formation, 4hr short as retest and expected to up again as Bullish flag, idea sharing thank you
XAUEUR, GOLDXaueur gold Deep crab Pattern Formation
Deep crab XABCD in Ratio, RSI in Divergence mode as per mantioned in chart Stochastic overbought idea shareing
XAUEUR, GOLD - 002XAUEUR Bullish flag weekly chart
Idea sharing for Retest and again all time high to test
As 001 bearish deep crab pattern formation in 4hr chart is the 3rd target of this retest zones
