xaueur reversalbeen watching this chart closely for the right moment and it seems gold euro will be heading up for a big ride and is almost ready to go! i plan to get in at the bottom but my entry may not hit and price may take off without me. its ok though, this is what i see and this is how i trade, you should trade what you see! enter at YOUR entry and take YOUR setup based on YOUR strategy. if you do not have one then best to stay out these markets until you have one.
XAUEURK trade ideas
Gold LONG iam expecting goldeur finishing the correction soon and strating a new leg upwards.
therefor we have to focuse on the current correction reaching 38,2-61,8% FIB - we will look for a nice LONG entry in lower timeframe -15MIN chart. SL we can place on 1117 and hopefully pull the SL fast to the break even and keep waiting for the new leg moving upwards.
Gold bullish set up. Long!Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
I am not a professional trader and I am not living from trading. Profitability is yet not given with my Trade set up and I am still learning. Goal of publishing my ideas is to document it in my trading logbook. Also crazy ideas for stress tests may be posted. Keep this in mind before simply copy trading ideas which you find at trading view (I noticed a lot of people are doing it here).