Ichimoku cloud indicator analysis of gold for January 22, 2018

GOLD is making lower lows and lower highs since the high of $1,345 in the 4-hour chart. Trend remains bullish though as price continues to hold above the 4-hour Kumo (cloud). Red lines – bearish divergence Green line – important support Black line- short-term resistance Gold price is trading right above the Kumo (cloud) in […]