d.vezeris
Short

XAUUSD 1H Tech Analysis under the KUMO

FX:XAUUSD   Gold/U.S. Dollar
110 0 0
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.

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