XAUEUR: BULLISH Inv. H&S FORMATION The next strong upmove is in the making for XAU.
Here with this XAUEUR chart, you can see 2 bullish pattern formations: the green one is a nice symmetrically shaped CUP and the blue one is my expected accomplishment of the right SHOULDER of an INVERTED HEAD AND SHOULDERS. Both combined expressly underline my bullish price expectation for the next months.
Trade safely!
XAUEURK trade ideas
Gold/Euro Gold/Euro remains bullish for the coming week ahead, The market has been forming LH and LL as per this *Flipped* chart. The trend line has been violated and weekly levels have been taken off, the market closed with a bullish momentum on Friday, we do expect a further push to the weekly level marked but to take this trade we rather wait for a pullback or retest of BOS.*Bullish on normal chart*
SETUP POUR LES PROCHAINS MOIS.SI cette semaine ne remonte pas au dessus de 1500, celà veut simplement dire que le marché baisier continue et vient just de confirmer son rebond pour une forte baise. Tout est dans le graphe. Certes surchagé mais c'est ma façon de travailler et d'aider si possible. TOutefois ceci n'est pas un conseil d'investissement.
FOREXCOM:XAUEUR