Gold is trending bullish by Ichimoku
Comment:
Gold (XAUUSD) in Daily timeframe shows it's bullish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
The market is near previous resistance level at 1875.84 so it could retrace or consolidate. Better to wait for a breakout, and market could reach to the next resistance level at 1959.62.
Gold (XAUUSD) in Daily timeframe shows it's bullish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
The market is near previous resistance level at 1875.84 so it could retrace or consolidate. Better to wait for a breakout, and market could reach to the next resistance level at 1959.62.
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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