XAUEUR SELL SETUPXAUEUR IN A DAILY DOWN TREND AND CURRENTLY IN A 240 CORRECTION! SELLING THE BREAKOUT WILL BE A GOOD IDEA! THANKSShortby lemezohaib4
Longterm XAU/EUR - Short - Long - Short Decline in late May till June. After that a second rally like the one in January/Febuary is awaited.by andreas09800
XAUEUR 60 Bearish BAT & GARTLEY PATTERNS @ 1130 ZONE!Hi guys, Here we have another advanced pattern trader's dream! 2 pattern in one chart completing within a 3 point zone! First we have the BAT PATTERN which completes @ 1130.50 for a more conservative approach. Then we have the GARTLEY PATTERN which completes @ 1127.50 for a more aggressive style. Stops go as per usual above the X leg and targets will be the 38.2% and 61.8% retracements. Thank you for your support. Plan your trade... Trade your plan. Good LuckShortby Krunal.PatelUpdated 2
Doji On Top Of The Pull BackPrice retraced back and made a nice pull back then is formed yesterday a Doji candle so I thing it's a sign for ending of this retracement and starting of another trend wave.Shortby afhacker1
GOLD/EURO - Test of weekly support & daily resistance.After a upward weekly impulse, XAU/EUR is correcting on daily. On hourly chart we can see an impulse upward as a fractal of the daily correction (correction of the correction). There are some fibonacci retracement levels on what could be the daily resistance. Any price action on this level would tell us the direction on medium term. InsideMarket has already performed a succesful trade as you can verifiy at miud.in . For trade signals, please see contact below Happy days! ______________________ START MAKING MONEY with INSIDEMARKET TRADE SIGNALS . Mail me to InsideMarketFX@gmail.com or at Skype @insidemarket168 Trade record & statistics: miud.in by InsideMarket10
gold/eur harmonicswe see here how gold has hit the butterfly pattern PRZ and reacted nicely. we have a cypher coming up entry- 1082.25 sl- 108.17 tp1- 1085.18 tp2- 1086.99 another setup i put along was a shorting opportunity into the cypher PRZ. we broke out of the bullish channel formed and had a strong bearish engulfing retest, so price action is deffinetly giving us the OK to take a short all the way to 1082.25 area. butterfly 61.8 was also tapped which resulted in the strong bearish breakout candle. tp were most likely hit and sell entries were most likely triggered. fair r/r for a scalp.by DAVID_GIRALDOUpdated 4
XAUEUR D1: Trending UpHere are the key points for XAUEUR: - Trend. I find the trend clearly up; the breakout from the long-term bearish Schiff Pitchfork seems to confirm it. Price seems to have switched from the down sloping fork to the up sloping one. The deviation from the black trendline is a sign of trend's acceleration. - Support. The falling price has found support at the upper border of the down sloping fork, as well as at the median line of the blue fork. There's still minor support at 1065, but I find the key major support levels at the prior major tops: at about 1037 and 1020, as well as at the black trendline. - Resistance. Price may find first resistance at 1091. Next, if current high at 1112 fails to hold, I'd expect another resistance at the lows of Apr-2015 topping bars, at 1130, and then at the upper median line parallel. - Trading opportunites: entry at one of the support levels, with a stop-loss order below some prior low, looking to exit at some of the resistance levels with R:R of at least 1:1. Here's the summary of how I see the current situation in financial markets (as of 16.02.2016, 13:30 CET): The strongest currency: JPY (currently strengthening). The weakest currency: GBP (still with room to weaken). The leading markets: - XAUGBP - trending up; - XAUUSD - trending up; - XAUEUR - trending up; - XAUNZD - trending up; - Natural Gas - trending down. ----------- Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell. Rather, you should use the information only as a starting point for doing additional independent research, your own due diligence, in order to allow you to form your own opinion regarding trading decisions. No assumption should be made in relation to the performance or accuracy of the methods shown. No claims are made as to the success or profitability of any of my posts.Longby ForceFollower2
Gold, long term accumulationWith a doubtful outlook on the world economy, people are seeking refuge in gold. I already bought some gold at 972eur, and looking to enlarge my position around 1050-1060.Longby TeamWinnaarUpdated 0