OANDA:XAUUSD Gold Spot / U.S. Dollar
On the daily time frame, there has been a strong since 30th November 2018, The 200 confirms that gold is in a strong uptrend as it is below price. Also, the is showing signals as there could possibly be a possible breakout from the cloud.The cloud shows that price is breaking out of the cloud which indicates that there could be a strong because the big thickness of the cloud shows how volatile Gold is. If the cloud was less thick then it shows low . However the Kijun Sen is above the Tenken sen which is a signal so I would need to wait for the TK cross to happen so that I will have all the right confirmations to enter the trade.The Chikou span is also pointing upwards and above price which confirms that the the trend is but I would have to wait for the TK cross to happen so that all the signals on the daily are and I can enter the trade. I would then drop down the the 4 hour to enter the trade.