Inverted H&S in XAUEUR Testing 1170Inverted H&S in XAUEUR Testing 1170.
Also Bullish MACD Divergence.
GOLD/EUR
Daily gold chartOut of flag
And after the Polbak , I think in the short time , The second goal will be seen .
And in the long run , It will grow as much as the base of the triangle .
XAUEUR MarkUpThis is my XAUEUR markup that I'll follow 'til 4.05.19. I react to levels, so I patiently wait to see certain things take place in the market. *DISCLAIMER* THESE ARE JUST MY HUMBLE OPINIONS, NOT TRADING ADVICE.
XAUEUR "Down To Typ. Waves"we have just found that XAUEUR Hitted Major Resistance of 1 Hour After a long Time, We are Hoping to approach our 2nd Target aka Max Wave 3 otherwise First Target which is Inter Tyw3 Respectively.
XAUEUR Update: Critical Resistance is brokenGermany and Eurozone data remain below the expectations.
XAUEUR breaks the triangle.
Our Targets:
1165
1179
1185
Buy on XAUEUR 1HExpecting a clear pump on XAUEUR on 1H if the Upper Trend Line breakes...
Targets will be near 1144
Potential Big Wave incoming for GOLD Bat didn't work out very well, didn't it?
Now we have big big big red candle ripping through previous supply level.
Well, is it the end for Gold?
I don't think so.
We can see clear wave structure forming from the very bottom and it seems as though we are in potential wave IV.
Hence, here's our trading plan!
We will wait patiently for 1287-1293 area.
Any bullish sign occur hear might carry significance as we are in clear 3 wave structure which is the first leg of "Possible Flat".
If this wave breaks lower 1280's... Well that's another loss. But huge Profitability in this trade!
Good luck!
xau/eur bearish set upon the weekly chart, I see potential resistance zone marked out which has been tested several times so I am hoping price will be influenced by sellers hopefully and that selling pressure will be emitted due to psychological levels. Also this is in confluence with the downward trendline as well so I am hoping price reacts to that.
This is a position trade as well so this will take some time before price actually reaches take profit so patience is required.
Traders looking into this should go down on lower timeframes to check for entries/patterns to determine where to place trade.
Gold XAUUSD Bear run might occur! Alright these past 2 days have seen golds price run stagnate a little bit, and the time to blow off some off this bulls steam is now since we are due for a correction of some sort. Dont worry though because this is a healthy part of the market, and is expected. Now the last major level falls exactly on a FIB level near $1234. I expect this level to be tested in the coming few days and or up to a month. Also with Stock markets somewhat stabalising and the FED being a little more cautious about raising the interest rate, it is NATURAL and very EXPECTED to see gold's price decrease.
GOLD FORECAST ~~ MRWZRDMade a video idea as well and explain a lot more, check it out and let me know your thoughts.
MR.WIZARD
GOLD PREDICTION LONG TERM ~~ <MRWZRD FORECAST>This is going to take a long time to see if I was right or not but its going to be fun looking back at this in a few years, if the world as we know it continues of course.
XAUEUR 1.Daily Timeframe
2. Predition Short
3. Bearish Divergence on Wilder RSI
4. Wilders RSI Cross
XAUEUR Daily : Gold Push the Fibernb:
* please do not use it as a basis for opening a trade, Thank you
** My analysis may be wrong, because I am not yet professional but amateurs and still need a lot of learning.
XAUEUR Bearish Crab Pattern Complete on 4Hr TF. Lets Go SHORTSee the main chart for entry and the required tp and sl. any updates will be available when needed. please take into consideration the spreads of your broker and integrate them in the entry and tp sl details appropriately. cheers
GOLD - Bullish wedge formingWE expect US dollar to fall and the bond market to be propped up to force money into stocks and push stocks higher
If gold falls --> Dollar go up --> the whole world falls in terms of fiat purchasing power --> Chaos
Will they kill paper gold once and for all and make the world's fiat burn?
Phenix rises?
Debt has risen since 2011 why has gold and silver gone down? Fundamentals --> The market will return to fair value and the % increase in gdp to debpt should correspond with increase in gold if when paper manipulation ends / gets overwhelmed
GOLD - 2008 support tested - COT -> BullRunWe have been wrong about how far they are willing to take the world down the shit hole once again just to surpress gold in $
Buyers should come in here
Hard to justify a sell
Crazy divergence daily RSI
US dollar craziness
10/30 spread craziness
Stock market will not make new gains if gold continues to fall either
They have to make up their minds now --> FED
GOLD - Inverse H&SWe already timed this support area but after this failed test (H&S) we are more confident that Long Gold will be a good trade considering the situaton in DXY / UUP, BND and USDCNH
trade with care
GOLD - Buy TimeWe need to hold 1236$ support trend line else gold will most likely go --> 1180 which would be crazy crazy oversold
High risk reward that 1236 holds
GOLD - Great Risk/RewardUSDCNH is crazy overbought, lots of things are happening in the world that are bullish for gold. Buyers should step in here to defend the rising support since 2016
trade with care
SEL XAUEUR
XAUEUR SELL ORDER
Pattern 3 Point Extension
Target 0.382
1,081.7147
Target 0.500
1,080.5450
Target 0.618
1,079.3752
Target 0.786
1,077.7092
Target 1.000
1,075.5900
Target 1.272
1,072.8943
Target 1.618
1,069.4653
