This goes out to everyone in Europe who doesn't want to see there hard earned money loose value. Get your hands on some gold, a rare opportunity to buy awaits at €1900-€1950. I will keep you posted.
Keep this chart in mind. Descending trend line has 4 touches. Next time price goes up, it will break the trend line for sure. I’m bullish on this.
GOLD XAU/EUR: The only way is up? I do think
The market was in a previous uptrend in recent weeks, but more recently, the market has been slowing down in it's bullish momentum. It is observed that after the recent swing High and swing Low, (which broke uptrend structure) the market went in an area of Lower High where around and important fib level in which we would seek to sell. I entered at the close of...
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Gold in Euro up strongly after prev weeks of breakout. A signal that equities are in danger triggered by prolonged supply chain disruption due to Covid-19. Governments around the world have already announced commitment to support local industries affected. Never done before actual damage was assessed, meaning that the impact to economies will be fairly large....
Looking 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
Gold-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!