CFEGOLD.EUR.1.CFE trade ideas
XAU/EUR weekly analysisAlthough this forecast might take months to be accomplished the pair is most likely to behave one of the following ways.
Either it goes down to the trendline of the pattern, consolidate and make a big move down.
Or it goes down to the trendline of the pattern, consolidate and make one last move up before going down.
I think we will have to come back to this chart in a year to see the outcome.
XAUEUR SELL IDEA gold euro is looking like its setting up to sell beggining this week! some people may look at this price action as a classic head and shoulders, also a valid view point, to me its an impulse follwed by a correction giving a good sell indication. fif it hasnt gapped already by market open, we can look to sell, if it has gapped, itd be a good idea to wait for some sort of retracement or close of gap. and then wait for a good sell indication to enter as sell. no jumping in candles.