XAUEURK trade ideas
Gold LONG iam expecting goldeur finishing the correction soon and strating a new leg upwards.
therefor we have to focuse on the current correction reaching 38,2-61,8% FIB - we will look for a nice LONG entry in lower timeframe -15MIN chart. SL we can place on 1117 and hopefully pull the SL fast to the break even and keep waiting for the new leg moving upwards.
Expecting Gold to swich FBR 0,328 showing already support in the past. In case 0,32 support will work again we can expect nice Risk/Reward. RSI also showing high probability of a turn.
GOLDGOLD has been moving laterally within a narrow range. I will go long above 1200 or short below 1164
Gold bullish set up. Long!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.
I am not a professional trader and I am not living from trading. Profitability is yet not given with my Trade set up and I am still learning. Goal of publishing my ideas is to document it in my trading logbook. Also crazy ideas for stress tests may be posted. Keep this in mind before simply copy trading ideas which you find at trading view (I noticed a lot of people are doing it here).
GOLDGold is giving us clear levels to activate either long or short trades. Currently, it has been in neutral mode.
GOLDGold ia approaching a key support line finalizing a sort of pullback.. Let's wait and see the evolution from here to make trading decisión.
XAUEURGold keeps moving within the bearish. I am still observing the evolution without having taken any stake.
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
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
