Mar 18, 2015

Ichimoku Cloud Analysis 18.03.2015 (GOLD)

FXTM Online Analysis Department.


XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are very close to each other below Kumo Cloud. Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving downwards (2), and 
the price is below the lines. Short‑term forecast: we can expect resistance from Tenkan-Sen, and attempts of the price to stay inside the cloud.

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