GOLD Ichimoku Cloud Analysis

GOLD Ichimoku Cloud Analysis

17 December 2015, 12:50
sathish kumar
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XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another inside Kumo Cloud (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is closed (2). Short‑term forecast: we can expect support from D Kijun-Sen and the cloud’s lower border, and decline of the price.
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