XAUEURG trade ideas
XAUEUR (Die with memories, not dreams.)XAUEUR
This pair had been rising tightly and it had reached the strong resistant region of $1,581.
It may do minor pullback first.
If you wanna long, wait and look out for favorable PA near $1,540 or 1$,520 regions.
DYODD, all the best and read the disclaimer too.
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'Position Sizing' for beginners - XAUEURIn this example I'm gonna show you how important is the entry point.
With same levels for stop-loss and take profit, one position will give you the opportunity to earn 3 times more than the other.
It doesn't mather if the position is a loss or a win, I just want to visualy show you the importance of the entry.
XAUEUR PredictionAs we've seen XAUEUR breakout the 1530 zone to the downside before breaking it again back the the upside showing us that the seller do not have enough strength. Currently the pair is in a ascending channel and I looks like it still gonna move further to the upside towards €1630. Right now is also a good opportunity to go long.
Thanks for viewing.
Comment with your thoughts I'd like to hear them.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
XAU/EUR MULTI-TIMEFRAME ANALYSISGood day trader's, here's my day fourteen video of the #100DaysodTechnicalAnalysisChallenge. XAU/EUR caught my interest and here's a full breakdown on it. I'll look to go SHORT on XAU/EUR only if my trading criteria is met. Let me know your sentiments on it in the comments.
Possible Short Position For XAUEUR OANDA:XAUEUR
Price bouncing along a Bearish Channel
Price mostly respects its channels and we'll be expecting this to do the same
DISCLAIMER
This is just for analysis purpose and it is not an investment advice to take any trade. It is just an insight to what may possibly occur.
XAU-EUR 6/10/2020Hello guys, welcome to this analysis on XAU-EUR.
As you can see on the chart it appears like Gold has made a distribution pattern since April that got confirmed by a high volume markdown below 1523 last week.
The round arching formations above the 1520 level are usually an indication of weakness and distribution. This can be confirmed by the bearish divergence and series of lower highs and lower lows on the volume and cash flow indicators as well.
Currently, price is retesting the 1520 ish zone of previous support which should act as resistant now. It can be a good entry for a short trade with a target of around 1430.
This trade idea has 3 risk to reward ratio.
Good luck trading :)
XAUEUR POTENTIAL OLHC STRUCTURE FOR THE MONTH OF JUNE 2020Please support this idea with LIKE if you find it useful..
*HIGH Probability Trade*
OLHC IN DAILY FOR THE MONTH
OHLC IN THE MONTHLY FOR THE YEAR ( will post analysis for this month end )
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XAUEUR JUNE MONTHLY STRUCTURE
OLHC
(POSSIBLE BULLISH MARKET)
In the Daily timeframe Price is currently lower than the open confirming OLHC possible structure and also there's a Bullish divergence starting from the 1st of April 2020 to current price. Priceline is also diverged. A strong Buy signal will be the cross of priceline above bloodline and also for the daily candle to close bullish.
If it plays out exactly as explained kindly follow these steps in executing a PERFECT BUY ENTRY .
In a Hour 4 Timeframe patiently wait for 'OL' and take trades in lower timeframe. OANDA:XAUEUR
PATIENCE..