This is my long-term view for XAUEUR.
There is high probabilty of 3 drive pattern in development.
As for now geometry of patern and fibs ratios are compliant therefore i expect another wave up very soon.
Price found support on weekly trendline.
Cross market ananlysis supports concept as price of XAUJPY and XAUUSD shows signs of continuation patterns.
Regards
There is high probabilty of 3 drive pattern in development.
As for now geometry of patern and fibs ratios are compliant therefore i expect another wave up very soon.
Price found support on weekly trendline.
Cross market ananlysis supports concept as price of XAUJPY and XAUUSD shows signs of continuation patterns.
Regards