Since I have been chasing Gold reversal for some time now, I do not want to comment too much these charts. Left panel 4 Hrs with Ichimoku. Right panel 4 Hrs Heiken Ashi.
Looks finally it is turning a bit bullish corrective. First target: 1315-1320. Then we'll see how it behaves in the cloud.
Agree. Bought at 1284. This looks like the 4 wave of the 5 waves down on daily.
Kumowizard
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yes, daily Ichimoku is not bullish at all, thats why I don't expect more than 1315-1320 retracement.
I bought as well 1284, but in fact the prudent buy in level was really the 1290 break (1 Hour time fram Kumo break)
Also I think equities deserve some correction from these levels, so probably the Gold proxy will help our long now. Good luck.
See: tradingview.com/v/xYBnQjQ4/