FX:XAUUSD Gold/U.S. Dollar
At the present time there is a Lagging span on the downside, trying to cross the price and it is going to be easy for it. There is a Tenkan-Kijun twist outside the Kumo cloud which confirm the reversal trend. The has been broken. Although there is no twist of the Kumo cloud, we can consider this as a proper reversal. This will be confirmed when the price goes towards 1220 and bellow, first target is 1180 but I think that it may very well go beyond that level until 1060. But we have to wait and see.