xChampi0nx
Long

Gold is bullish ...

FX:XAUUSD   Gold Spot / U.S. Dollar
61 0 2
Here is what we have on gold:

Monthly:
-Prices testing Kijun
-RSI rising
-Ichimoku neutral

Weekly:
-Prices broke cloud and met 1238 resistance
-RSI in overbought territory
-Supports are 1160-1190
-Bullish setup

Daily:
-Prices consolidating after fast run to upside
-ichimoku bullish
-If we break trendline , we can see acceleration to 1320-1350. Otherwise price may need more time before higher. Even if we dip to 1190 it is still bullish . That will actually be a better entry.
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