Ichimoku cloud indicator analysis of gold for March 2, 2018

GOLD price broke to new lows yesterday and reached $1,302. However price held above $1,300 where the lower cloud boundary in the daily chart was and price bounced as Dollar weakened. Gold price is still trading below the 4-hour Ichimoku cloud. Resistance is at $1,331. Support at yesterday’s lows. Price is making lower lows and […]