Gold in EUR terms (XAU/EUR) is probing the upper edge of the descending triangle seen in the hourly chart. An upside breakout, if confirmed, would signal an end of the pullback from recent highs near EUR 1,186 and could yield re-test of that level. That pattern would be invalidated if prices find acceptance under the Asian session low of EUR 1,162. As of writing, XA/EUR is trading at EUR 1,167 per Oz. Hourly chart Trend: Bullish Technical Levels R1: 1,170 R2: 1,175 S1: 1,162 S2: 1,155 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BOJ’s Kuroda: ETF purchases necessary, unlikely to achieve price goal before FY 2020 FX Street 4 years Gold in EUR terms (XAU/EUR) is probing the upper edge of the descending triangle seen in the hourly chart. An upside breakout, if confirmed, would signal an end of the pullback from recent highs near EUR 1,186 and could yield re-test of that level. That pattern would be invalidated if prices find acceptance under the Asian session low of EUR 1,162. As of writing, XA/EUR is trading at EUR 1,167 per Oz. Hourly chart Trend: Bullish Technical Levels R1: 1,170 R2: 1,175 S1: 1,162 S2: 1,155 Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
