Trading Idea: XAUEUR
| Trading Signal | Sell |
| Direction | Bearish |
| Pattern | Trading in downward channel |
| Interval | Daily |
| Length (Candles) | 135 |
Idea Summary
XAUEUR forecast is bearish. The technical analysis of the XAUEUR chart in daily timeframe reveals the price of silver in euros is retracing down in the downward channel. It is highly likely that XAUEUR will reflect from the lower bound of the channel and reverse up afterward, while still remaining inside the channel.
Note:
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