Ichimoku cloud indicator analysis of gold for March 8, 2018

GOLD price is making higher highs and higher lows in the 4-hour chart and is breaking above the Kumo. Trend is turning bullish. Medium-term trend is neutral as price remains inside the Daily Kumo and still inside the $1,350-$1,310 trading range. Price is above the 4-hour Kumo. Support is at $1,322-16. Resistance is at $1,340. […]