Ichimoku indicator analysis of gold for October 18, 2017

GOLD price is near short-term support of $1,280-82. Gold price should bounce from current levels and break above $1,303 in order to move towards $1,400 to get started. Otherwise, we are in danger of moving lower towards $1,277 where the 61.8% Fibonacci retracement is found. Gold price is at the upper Kumo (cloud) boundary and […]