Weekly Ichimoku Cloud Analysis 30.03.2015 (GOLD)
FXTM Online Analysis Department.
XAU USD, “Gold vs US Dollar”
XAUUSD, Time Frame Daily. Tenkan-Sen and Kijun-Sen are very close to each other below Kumo Cloud, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is going down (2),
Chinkou Lagging Span is on the chart, and the price is below Kumo. Short‑term forecast: we can expect support from Tenkan-Sen – Kijun-Sen, and attempts of the price to stay inside the cloud.
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