BULL 5-0A BULL 5-0 IN XAUEUR. MY ENTRY WAS AT 1182.96 , MY STOP IS AT 1159.40, AND MY 1ST TARGET IS AN 1200.82 AND MY 2ND TARGET IS ANT 1221.74
XAUEURG trade ideas
GOLDGold has recently moved up from 1168 euros forming a double bottom pattern and has reached the first theoretical target level for this structure. It has to face now with the 50D moving average and a flag descending TL resistance. One may go long with closes above these two resistances. I am on a "wait and see" mode.
XAUEUR major supportXAUEUR expect major support in the current region.
Targets
Bulls 1300€
Bears 1067€
Gold, long term accumulation, part 3Lots of support here from previous highs, short term downtrend seems to be halted.
We are enlarging our gold investment with a third entry here.
XAUEURGOLD has reached an important resistance. Let's see price action from here to get hints on next trading moves
GOLDGold at support. I am still more bearish in the medium term although in the short term it may get some impulse by the support.
INTRADAY XAUEUR (GOLDEURO)Detection Regular Divergence points A (1199.77) - C (1185.00)
and potentially sharks and cyhper pattern
Gold (EUR) potential Long Set up!Important: :-)
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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
WHAT THE HELL on goldNicea attack
Turkey
US policeman killings
....
weekend
Question is did weekend calmed everything and we play commercials short term short game or We gain momentum after channel breakout?
I see two important supports A, B and C - breakout support.
Am I wrong on this?
Gold/EUR - Cypher setup, pointing to Gold sell-off or EUR rally?Gold prices in the EUR terms or XAU/EUR daily chart shows a bullish Cypher set up. Prices are on the rise again, but the momentum appears to have weakened. Hence, prices may not take out Point C in the near-term.
Assuming the point C stays intact as resistance, I raise a question whether the cypher set up is pointing a sharp weakness in Gold (XAU/USD) or EUR/USD rally. In either case, Gold/EUR would head lower to point D on the chart.
Watch for a break below EUR 1180.38 (June 30 low) as such a move would signal a top has been made.
Leg D of the Cypher or the potential reversal zone stands at EUR 1022 levels.
XAUEUR LONGDue to the weaker economy the ECB has to make a bigger move on prices. I expect a larger QE to come till the end of the year. I expect a weaker EUR in general
In addition, a "brexit" would increase the interest in GOLD in the eurozone.
Gold (Euro) close to a long signal!We might see another spike up, which would represent a nice shorting possibility.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
