Ichimoku indicator analysis of gold for December 4, 2017

The GOLD price has broken downwards. The price, as expected, got rejected below the $1,300 resistance area last week and is looking very bearish and ready to fall further towards our short-term $1,250 target. The Gold price bounced on Friday towards $1,285 as expected and is now re-testing recent lows. Blue lines – bullish channel […]