Ichimoku indicator analysis of gold for April 25, 2017

GOLD remains weak and in a short-term bearish trend. I expect $1,260 to be broken and price to move towards next support of $1,250-45. My longer-term view remains bullish. Gold price held above the 61.8% Fibonacci retracement of the move from $1,245 but is breaking below the 4-hour cloud support. The next leg down in […]