Staggeringly high uptrend in XAU/EUR in which the price may need to let off some steam and thus lose some gains, based on fib and structure TP indicts levels in which the price should be watch/positions closed.
Adding up the fundamentals.. The EU isn't going to hold up come Brexit Deadline. This pair should perform splendidly. Expecting new ATH in the long term.
My plan is to sell extensions and buy pull backs.
Bulls cannot drive the price past (1064.360) bears have taken over and are driving price down towards a previous test of (962.013) will hold my position TP is at (962.013) but will adjust SL along the way.
On 4H chart of XAUEUR, price consolidated at 1080 level, then spiked to 1103 with 2 bold bullish candles, expecting strong trend next week together with the gold cross on MACD.
Besides, CD leg of bearish ABCD pattern will finish near 1246, concides with middle channel of pitchfork, crucial resistance to watch.
In short term trade, TPS can be set at 1105 and 1116.