Ichimoku_Trader

Long Term Gold

Short
Ichimoku_Trader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
This analysis will be useful for buyers of physical gold

We are currently in a range as marked on the chart. Although we are now seeing a rise in gold prices, the rise is not expected to breakout of the current range YET

For now, we can expect the start of a decline in prices. Where that decline will reach is unknown yet and depends largely on the global geopolitical situation
Comment:
A retest of the previous tops is possible before the move into the range
Comment:
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