The XAUUSD 1H diagramm show that gold plays with the Kijun Sen under the KUMO.
In the past two hours the even long Candles, have a grey shadow over them because of the KUMO resistance.
I do not think that XAUUSD could overcome KUMO but even so, the stop loss is only the EMA 200 resistanse at 1260.
The wait and see is the preferable strategy but if it breaks the Kijun Sen then short it again.
In the past two hours the even long Candles, have a grey shadow over them because of the KUMO resistance.
I do not think that XAUUSD could overcome KUMO but even so, the stop loss is only the EMA 200 resistanse at 1260.
The wait and see is the preferable strategy but if it breaks the Kijun Sen then short it again.
