Kumowizard

Gold - Setup is neutral, bias is less bearish.

FX:XAUUSD   Gold Spot / U.S. Dollar
204 0 6
- Price is at/in the Kumo, actually it could not get further away from the cloud in the last 6-7 trading days, it was tracking and got stuck to current Senkou B. Chikou Span hit past candles too and moving in the past Kumo. There is a thin Kumo which overshades Price. In fact 1180-1225 range is still intact.
- Heikin Ashi signals a pause in selling. Price action started to show some undecision. Will we see more hesitation in 1180-1195, will finally Bulls or Bears take control? We don't know it from current setup.
The only thing I can say again is: it is a sell below 1180, and it is a buy above 1200.

My bias is somehow rather bullish , especially that I am bit bearish biased on USD as well. This doesn't mean I will be right. As always, trade only the price action and trade according to your own plans!
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out