Ichimoku indicator analysis of gold for October 20, 2017

GOLD price stopped its recent rise from $1,277 support at the short-term resistance at $1,290. Price pulled back overnight towards $1,282 where the 61.8% Fibonacci retracement of the latest rise is found. As can be seen in the 30min chart above, price has stopped the decline at the 61.8% Fibonacci retracement. Short-term support is at […]