Ichimoku indicator analysis of gold for October 24, 2017

The GOLD price has broken out of the downward sloping wedge pattern but has stopped right at the short-term cloud resistance at $1,282. Price needs to break above $1,282 and especially $1,290 for any upward move to consider the start of the next upward move to $1,400. Blue line – resistance (broken) Red lines – […]