XAUEUR trade ideas
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.
Gold/EUR swing MATRIX strategy for latecomersI will provide more technical analysis details for XAU/EUR on the weekly chart. I will provide XAU/USD analysis too.
Strong probability for the price to reach 1380e as the flat of the monthly cloud suggest (strong support here). Idea confirmed by the lagging span because is first obstacles are the highers of august and september 2019 candles at 1380e.
Our ultimate target is 1077e-1050e zone, at those prices we will maybe change the strategy but it will take weeks and months and I will update the idea before we'll reach thoses prices.
From my subjective point of view, I think the price of this old mineral is still overpriced. Bitcoin solves the problem of transporting value in space and time.
See you
Morpheus
BEARISH CALL this is my bearish trend idea. how ever wait for clear trend continue moment and wait for trend continue after can entry .this is my opinion not for any signal service .good luck.
Gold/EUR ; XAUEURnot the most beautiful - but still, H&S pattern.
although I myself will not trade this setup. - I don't think gold should fall. but time will tell.
I think that graph will morph into something else....
XAU EUR LONG Gold could break to the upside following bitcoin as the two assets are somewhat correlated.
XAUEURGOLD for SELLS do not be tricked you guys. If you look at the bigger time frames you will see the TRUE story lol. Happy Trading Day
