Long XAUEURPrice Seems to be at bottom of the channel, with some good volume coming in.
Note: was already long earlier this week @ 1091
XAUEURG trade ideas
XAUEUR: Show Me A Correction!Hello Everyone, I am looking at GoldEUR to make some sort of continuation pattern to confirm a short entry. Please do share your ideas in the comments. Watch this pair closely for the next impulse, trade it safely, trade with a plan, stick to your plan and you will stay in profit blue! Show some support :)
Gold: a bounce before a larger move down?My gold index is evolving in a bear flag type of pattern which should resolve lower. although price currently hit the support line of its symetrical triangle which should provide a temporary bounce, I will be looking for short entries to target the 61.8% and 100% extension fibs.
golden opportunity for banks of europei am pretty sure tons of physical gold has been transferred to europe banks during the fight of eurusd xauusd and dxy.
golden opportunity for european bankers / comes in once in 11 years...
coincidence? i think not.
Gold: A Different Point of ViewI haven't published many ideas on TV besides my occasional take on Bitcoin. At the beginning of the year, I decided to learn how to trade commodities though, so naturally I am observing the commodities markets much more closely these days.
Yesterday, when I was starring at the XAUUSD chart for the hundredths time wondering if the next big move will be to the upside or the downside, I decided to create a "Gold Index" in the hope that this would give me a different perspective on the market. Amazingly what emerged was this almost picture-perfect example of a H&S pattern that you can see in the chart above.
I am a little short on time right now, but will add more comments later on.
XAUEUR to go down moreSome months ago I published an idea on XAUEUR . It clearly stated that the pair is heading down.
This is to update and refresh our minds on how the market works and how our traders in Fractology use it for their benefits.
If you know that there is an impulse, you will have another one with a period of correction amidst.
At the moment XAUEUR is forming a flag and Fractology would advise selling the breakout if the latter happens.
GOLD/EUR 27/5/2017This is a pair that I have not seen the price pullback after a very strong downtrend
Prices have fallen back support level.I see some signals that prices may increase
-Prices have been retest 3 times .It looks like a triple bottom
-The shark pattern is now completed
-MACD also has to signal
If the Gold / Usd pair continues to rise next week, this pair will rebound.
The resistance level is the inside bar zone on the upper side.
XAUEUR LONG SET-UPHere is a set-up involving a strategy I have been testing The strategy is a mix of price, structure & cycles.
We should retrace back the 1170 area & from there we should close the gap. I believe EURO -0.39% is running low on fuel for the moment, it seems now it is time to retrace and possibly close the gap on EXY.
**You can zoom in on the chart & look into all the levels**
Thank you for viewing my chart!
On the watch list for a possible three-way...I like the 50% for a bounce to test the upper median line. That sets up the short for the possible run down to the 61.8. Excellent Risk-to-Reward on all three. Possible perfection... It may take some time to get there but this is one to keep an eye on...
What is the hike doing - Euro, DXY Vs. heavy metalOn chart. This is not a buying signal, ok?
We don't know how this is playing out but looks like President Trump risks his career for some targets. The best hedging manager I've ever seen. He has some real people's supporting from blue collars, farmers, militaries, also he's an president elected by law. It's not so easy to drag him down from the iron throne with real people's supporting.
Think about those Americans have invested the heavy metals from 2011 to 2017, their patiences are already out of service... from this huge crazy stagflation and indexes rising forever...
GOLD ready for upWars, global inflation, etc... lovely stuff.
Stock market is faking out so many with its final push.
If USD doesn't inflate, the rest of the world will.
Buy in the targeted green zone.
XAUEUR Long SetupXAUEUR, price is currently in a rising channel and looks to be heading back to the 50 Fibonacci level and lower trend line of the channel. PRZ's are marked out and be mindful of the possibility that PA can go to the PRZ at the 61.8 Fibanccia level. With this in mind SL has been placed below it.
wait for it! GOLDEUROprice should make another bullwave and hit the ext. lets wait and see when price is ready may update post
