Ichimoku indicator analysis of gold for June 8, 2017

GOLD price is showing reversal signs. It is still too early to tell if the pullback towards $1,250 we expect has started or something of a smaller degree. Important level to watch is at $1,277. Gold price has broken below the 4-hour tenkan-sen (red line indicator). This is the first bearish warning. Short-term support by […]