Gold Futures in Swiss FrancIf you look at gold in francs, it's not close to a breakout.
Gold looks like it's breaking out because we trade in dollars. I'm only entering the gold trade if the dollar index loses 100 support.
XAUCHF Long Swing PositionEntry: 2577.38
Stop Loss: 2522.34
Take Profit 1: 2634.42
Take Profit 2: 2702.39
Take Profit 3: 2770.02
xauchf elliott wavesThe count is very good. This Elliott wave structure has many good things going for it:
(Red = Intermediate) Waves (1) to (5) and (2) to (4) perfectly connect on a very precise parallel channel trendline(s).
The subwaves are all there.
Wave (5) seemingly ends in an ending diagonal triangle (EDT).
Th
XAU/CHF | Down Retest High chance but continue Bullish channel?🔥 XAU/CHF Price Forecast – Bullish Channel Holding Strong!
The XAU/CHF pair remains in a bullish trend, with price action respecting the bullish channel after completing a key retest of support levels. This signals a potential continuation of the uptrend, offering a high-probability trading oppor
Gold- XAUCHFTraders.
I'm looking at an intraday long setup of XAU/CHF.
So far so good. Let's see how it plays out.
Looking at the possibility longs on XAUChfAfter considering the wave counts i am convinced we are in for a long rally on Xau-Chf , bugt for now we need the correction short to the Area of demand and supply
XAUCHF_BearishMetal is looking bearish against Swiss franc and based on the chart patterns we have open a short trade on it. Levels marked on the chart as well.
DYOR (Do your own research)
Bearish trend in XAUCHFA bearish trend is forming in XAUCHF pair in an hourly timeframe. There is no visible divergence and the current bearish trend is expected to continue creating new LHs and LLs. This is a good point for shorting.
Gold priced in swiss francFailed moves in one direction, often create violent moves in the opposite direction.
If gold can breakout versus the strongest of the major fiat currencies... oh boy!
#gold #swissfranc #xauchf
Gold priced in Swiss Franc.If gold breaks out versus the Swiss franc...
What do you think will happen to gold priced in the other, weaker fiat currencies?
Includes the US dollar.
#gold #swissfranc #usdollar #inflation #purchasingpower #silver #fintwit
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Displays a symbol's price movements over previous years to identify recurring trends.