Ichimoku indicator analysis of gold for December 5, 2017
GOLD price remains near its recent lows. Trend is bearish as price is below the 4-hour Ichimoku cloud. Gold could bounce towards $1,285 but I expect price to get rejected again if we see this bounce. Short-term support is at $1,270 while resistance is at $1,285-87. Trend is bearish. Gold price could be forming a […]