Ichimoku indicator analysis of gold for November 15, 2017

GOLD price continues to trade above the 4 hour Ichimoku cloud. Trend is bullish in Ichimoku terms, but price is mainly moving sideways and has not yet convincingly broken above the critical short-term resistance. Blue lines – sideways channel Short-term support is at $1,278 and resistance at $1,288. Price is trading above the 4 hour […]