Ichimoku indicator analysis of gold for July 7, 2017

GOLD price is consolidating above $1,210 and below $1,230. Price did not make a new overnight low as Silver did, while at the same time we observe bullish divergence signals by the oscillators. Blue lines – bearish channel Red rectangle – resistance Blue rectangle – support Short-term support is at $1,217. Resistance at $1,230. I […]