XAUEUR trade ideas
XAUEUR PRICE ACTION PREDICTIONLooking at market structure, this is my forecast for XAUEUR for the upcoming days/weeks. please comment your thoughts on where you think price is headed
XAUEUR: a symmetrical triangle at H4sell at current price
if price breaks to the upside, sell at correction in lower time frame.
XAU/EUR Bullish PatternGold / EUR pair has been consolidating and trading inside a falling wedge channel for several days. This falling wedge pattern usually is a bullish pattern so I expect a breakout soon.
XAU EUR, buy at 1327.619XAU EUR just broke out wait for retest on that 15 minutes then enter a buy on 1327.619. this is the scalpers strategy and intraday move
GOLD/EUR Showing A Bullish Falling Wedge** This is a long term analysis**
GOLD/EUR Showing a bullish falling wedge on the 1D chart.
Waiting for price action to confirm the bullish falling wedge.
Focus Time Frame: 4h/1D
Market Condition
1D Short Term: Downtrend
1D Long Term: Uptrend
Falling Wedge FormingPrice is trading within a falling wedge pattern which has a 5 wave structure as illustrated. We can also see RSI divergence which may signal exhaustion of bears. We might see a correction wave to the triangle highs. Price might also find support/false break at the 100ema like it did back on April 17. A candlestick formation is vital to attempt a long position. Don't jump in front of the speeding train.
Whats next up for Gold?Is it another bullflag?
Worst case it can drop back to 1350 usd, but within 5 years gold most probably will be at least 5000 dollar because of all the debts and financial trouble in the world.
FOREX - GOLDEUR 4HGold-Euro; breakout looks will to the short run. H&S, 'Bearish' butterfly pattern's D leg's and waves are considerable. I think new bullish trend should begin. Break a leg!
Another flag for wave 5th on goldSeing the flag on the current wave, we could say bull trend is not finished on gold. A last wave 5th could break resistance shortly.
XAUEURGold / Euro has recently hitthe resistance for expanding triangle, which is also the supply zone. So My prediction is that of a drop headed down to the Quasimodo Level.
posible venta(sell)gbpusd me saco en BE Jaja bueno me gusto este trade porque es mas simple que el xauusd, si quieres analizar el xauusd, es mejor analizar este primero... tienen una correlacion bastante parecida.
bueno a lo que vamos, pienso que seguira su tendencia bajista. es un analisis de zonas nada complicado- y esperar haber como va...
