Home About the company Daily reviews XAU/EUR Analysis, Chart, and Trading Idea

XAU/EUR Analysis, Chart, and Trading Idea

Analytics for XAU/EUR Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels

The general trend is ascending. The descending wave structures are truncated. There is a bullish divergence on the Awesome Oscillator.

Trading idea:

Buy at the formation of the ascending wave structure, when the (A) wave breaches the sloping channel of the descending truncated structure

Stop-Loss under the local minimum of the ascending structure (1807.00)

Target price levels: 1835.50, 1858.00

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?