we have just found that XAUEUR Hitted Major Resistance of 1 Hour After a long Time, We are Hoping to approach our 2nd Target aka Max Wave 3 otherwise First Target which is Inter Tyw3 Respectively.
Germany and Eurozone data remain below the expectations. XAUEUR breaks the triangle. Our Targets: 1165 1179 1185
Broken the neckline, Lets wait for a re-test of the broken neckline. Then lets take him to the north!
Expecting a clear pump on XAUEUR on 1H if the Upper Trend Line breakes... Targets will be near 1144
symmetrical triangle target is €1700 not trading nor investing advice
Not everyone might agree with the long term Euro Zone bias, however for the ones that see failure - this could be the best pair ever.
It is overheated at the moment. I expect a bit cool down and after that strong rebound.
Staggeringly high uptrend in XAU/EUR in which the price may need to let off some steam and thus lose some gains, based on fib and structure TP indicts levels in which the price should be watch/positions closed.
on the weekly chart, I see potential resistance zone marked out which has been tested several times so I am hoping price will be influenced by sellers hopefully and that selling pressure will be emitted due to psychological levels. Also this is in confluence with the downward trendline as well so I am hoping price reacts to that. This is a position trade as well...
Butterfly into supply level which is a key weekly/ monthly level with the long term RSI at 77 which is well overbought Suggests a snap back in EU
XAUEUR Weekly coming up to key weekly level with RSI overbought at 77 See lower timeframe for possible setup This one is for interest only as I don't trade this pair
Accroding to XAUUSD has potential wave "E" and 1.272+1.212+wave 5
Potential deep crab inside a daily pattern.