XAUEUR is testing the resistance from augustthis might be the best opportunity to hold a sell on goldby brianmukupili70
xaueurall thing on chart short on it for 1700-1705 and then we can buy gold (xauusd ) and (xaueur )Shortby shaayaan1
XAU/EUR - Double Combination with Missing X-Wave [26-12-2022]From my perspective and experience about Neo-Wave, It looks like we are in the pattern called "Double Combination with a Missing-X Wave". I'll explain the reason why I think it is. I gradually separated each monowaves segment, then I found that it has 2 sideway phases and 2 down-trend phases. I examined possibility which pattern can occur, here's the list. Can it be IMPULSE WAVE possibility? - The answer is no. Why? because m2 is take time more than 300% of m1, Therefore it's certainly cannot be an Impulse Wave. m4 which have the same direction as m2, it takes time more than 300% of m3(which will be wave-3) it shouldn't take time more than 300% unless it's terminal impulse or correction wave. Can it be CORRECTION WAVE with next pattern is forming? - The answer is still no! Because If m1-m2-m3 is just Correction it would be an Elongated Zigzag which have an effect is must retrace at least 61.8% of wave-c(which is m3) BUT! post-pattern behavior wasn't happen after the cessation of m3. Its retraced only 38.2% of m3(which is wave-c). Thus IT IS NOT AN ELONGATED ZIGZAG with the next pattern smaller degree wave is forming. It neither correction wave and impulsive wave. So the last choice is "Complex Pattern" with an Missing X-Wave m1 is a(which is the first leg of 1st Corrective) m2 is b(which is sideway) m3 is the longest wave we will divide it in half so we will get m4. m3 is wave-c and m4 is wave-x m5 is wave-a of second phase corrective wave (which is trend and in smaller degree its a flat) m6 is wave-b of second phase corrective wave (which is sideway and in smaller degree its an expanding triangle) m7 which is not complete, it will be wave-c and PRICE TARGET of wave c is approximately 1685.482 Disclaimer: Not financial advice, It just from my perspective.Shortby UnknownUnicorn282324843
XAUIdea: The price is trying to break through an important resistance level - the weekly 50 MA and the upper border of the descending channel. A price rebound from the resistance level will lower it to the lower border of the triangle. Breakdown of the lower border of the pattern will be a signal for the continuation of the downtrendby PUMPmaps3
XAUEUR - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for XAUEUR. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich02:20by TheSignalyst226
going short on silverprice couldn't break the descending channel yesterday which confirms the bears are still in control..Shortby olaolumide20170
XAUEUR SHORTMonthly: - Rejecting previous Monthly structure - S&D zone - Bearish Indicational Candle Weekly: - Bearish Indicational Candle - Break from a Support zone (Could be a retest) Daily: - LL & LH - Natural W - Bearish Indicational Candle 4H: - H&S Pattern (A lot off Bearish pressure at the S1 zone)Shortby LennardForex0
XAUEURThe way that I like to think about it is if you look at any activity involving probability theory, there are those who make the bets and those who take the bets. Once you dissuade yourself from the gambler’s mentality, you see very clearly casinos have a highly effective and successful business model. In other words, casinos take the bets because they have familiarized themselves with the odds of the game. It’s this understanding of odds and probabilities that allows casinos to be continually successful.by UnknownUnicorn271798840
POTENTIAL SHORT TRADE SET UP FOR XAUEURPair: XAUEUR Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Short Type: Swing. Entry: Continuation Corrective Structure on the LTF's. ⚠️ 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! #TheTradingAmbienceShortby TheTradingAmbience0
XAU/EUR Trend Analysis H1In this chart we see a solid movement downwards from a channel and then a failed attempt from the market to enter a range and instead entering into a double triangle pattern. Use 30 minute time frame for better entry and always wait for retests. by DexjedXOTWOD1
POTENTIAL LONG TRADE SET UP FOR XAUEURPair: XAUEUR Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Long Type: Swing. Entry: Reversal Patterns & Continuation Corrective Structure on the LTF's. ⚠️ 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! #TheTradingAmbienceLongby TheTradingAmbience222
gold turbulentGold down and up. I see huge pressure on gold price in near future. After consolidation the price should go higher. by ZLATO_PO_POSTI114
XAU/EUR-İnterest Rate Increase(Daily)Such a scenario is likely to happen. The reason is high inflation and recession. It is not possible to suppress inflation with interest rates in a short time, this is a process. In the near future, we may see sharp interest rate hikes on the ECB side as well. This process seems to take a long time because inflation figures are at the peak of the last 40 years. We shared more detailed macroeconomic comments in the previous posts, you can take a look. *Note: The reason why we examine XAU/EUR is to have a better idea of the state of gold. Before buying an instrument, it will give you more insight into its charts with other currency pairs. When we examine the price chart on a monthly basis, The price is very close to the upper channel line, which is a major resistance for the price. When we interpret the price according to the elliot wave pattern. It corrects the previous rise. I think we are now in B bullish on this corrective move. After low as low as $1650 last June, it closed the month with a strong doji candle formation. *In candlestick formations, if the price holds above 1/3 of the needle, an increase is expected. For this reason, pullbacks to $1650 levels can be considered as buying opportunities. When we examine the price chart on a weekly basis, When the price broke the downtrend line upwards, it got a strong downward reaction from the $1760 resistance.(pls resacrch pullback-back test) This week is selling hard.1675-1703 support levels. The price could retrace to the 0.382 fibonachi level. I expect an upward reaction from these regions. The price appears to have completed its descending wedge correction. When we examine the price chart on a daily basis The reason for the hard sales in the short term is the hawkish statements from the ECB. The price may pull back to the 0.236-0.382 fibonachi levels. The price can oscillate between 1750-1650 for a long time. This may give us a trade opportunity. The price is trading hard after 5 waves of uptrend. I expect DXY to drop after the ECB's tough rate announcements at the next meeting. So XAU/USD might be a better choice.by ICE-Forex110
XAU/EUR-İnterest Rate Increase(Weekly)Such a scenario is likely to happen. The reason is high inflation and recession. It is not possible to suppress inflation with interest rates in a short time, this is a process. In the near future, we may see sharp interest rate hikes on the ECB side as well. This process seems to take a long time because inflation figures are at the peak of the last 40 years. We shared more detailed macroeconomic comments in the previous posts, you can take a look. *Note: The reason why we examine XAU/EUR is to have a better idea of the state of gold. Before buying an instrument, it will give you more insight into its charts with other currency pairs. When we examine the price chart on a monthly basis, The price is very close to the upper channel line, which is a major resistance for the price. When we interpret the price according to the elliot wave pattern. It corrects the previous rise. I think we are now in B bullish on this corrective move. After low as low as $1650 last June, it closed the month with a strong doji candle formation. *In candlestick formations, if the price holds above 1/3 of the needle, an increase is expected. For this reason, pullbacks to $1650 levels can be considered as buying opportunities. 💥When we examine the price chart on a weekly basis, When the price broke the downtrend line upwards, it got a strong downward reaction from the $1760 resistance.(pls resacrch pullback-back test) This week is selling hard.1675-1703 support levels. The price could retrace to the 0.382 fibonachi level. I expect an upward reaction from these regions. The price appears to have completed its descending wedge correction.by ICE-Forex0
XAU/EUR-İnterest Rate IncreaseSuch a scenario is likely to happen. The reason is high inflation and recession. It is not possible to suppress inflation with interest rates in a short time, this is a process. In the near future, we may see sharp interest rate hikes on the ECB side as well. This process seems to take a long time because inflation figures are at the peak of the last 40 years. We shared more detailed macroeconomic comments in the previous posts, you can take a look. *Note: The reason we're reviewing XAU/EUR is to get a better idea of the state of gold. Before buying an instrument, it will give you more insight to have a look at its charts with other crosses. When we examine the price chart on a monthly basis, The price is very close to the upper channel line, which is a major resistance for the price. When we interpret the price according to the elliot wave pattern. It corrects the previous rise. I think we are now in B bullish on this corrective move. After low as low as $1650 last June, it closed the month with a strong doji candle formation. *In candlestick formations, if the price holds above 1/3 of the needle, an increase is expected. For this reason, pullbacks to $1650 levels can be considered as buying opportunities.Shortby ICE-Forex0
XAU-EUR Breakout Short! Sell! Hello,Traders! XAU-EUR or the Gold price in Euro Broke the key horizontal level Which makes us bearish biased And thus we are expecting Further bearish move down After the pullback and retest Of the broken level Sell! Like, comment and subscribe to boost your trading! See other ideas below too! Shortby TopTradingSignals558
XAUEUR Day TradeAccording to my strategy, they have to form a 3rd level for M15 to complete the structure, meaning they'll rise higher to 1764,9. Then retrace back to the zone to test it and gain momentum to break the resistance zone of 1764.9 and then shoot all the way up to the resistance of 1788.0 which is the final Take profit.by LKhasuUpdated 0
XAUEUR!We see this bullish corrective pattern, but we need to wait for the entries. High risk entry setup. Trade with care use a stop loss. Longby miche254Updated 0
#week09assignment #Rafay #Long #XAUEURLong position taken due to following 1. Price action on bullish trend line 2. August remained bullish in past Longby rafay0saeed0
XAUEUR SELLThe fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, and you can short.Shortby turboley113
W07 - XAUEUR Long PositionOpening long entry from the position where the ABCD pattern is forming. So TP is placed near the projection of BC.Longby talhaiqbal6783
W06 - XAUEUR Short PositionOpening short position from a lower high at the trendline support where a bearish candle is formed indicating the continuous bearish trend.Shortby talhaiqbal6781
XAU/EURBullish breakout : Entry price 1772.37 Take Profit 1847.76 Stop Loss 1734.27 Bearish breakout : Entry price 1684.56 Take Profit 1587.28 Stop Loss 1727.02 by Berzerk_invest0