Ichimoku Cloud Analysis 19.03.2015 (GOLD)
FXTM Online Analysis Department.
XAU USD, “Gold vs US Dollar”
XAU USD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving downwards (2), and the price is near the cloud’s lower border. Short‑term forecast:
we can expect support from Tenkan-Sen – Kijun-Sen – Senkou Span A, and attempts of the price to stay below the cloud.
4:08 PM
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