Spot Gold Ichimoku Chart Study - Long

Gold/U.S. DollarFXCM

Description

⋅ Jun 20, 2014 10:10 PM

A Study of Ichimoku Cloud and MACD signals, comparing the monthly, hourly and weekly chart.

Inviting comments from any and all experienced Ichimoku traders.

The red and the green trendlines are where I'm expecting a reversal in long term trend.

Blue vertical lines are some of the clearer MACD signals. Discuss.

XAUUSD

Comments

tradingformoney

⋅ Jun 21, 2014 12:49 AM

Theres a support level at 1040.45 and if it breaks the current near term support level of 1174.55 it could trade down to that 1040.45 as a new near term support also note that price hasnt been under the kumo since feb of 2002. which is a very huge.