d.vezeris
Long

XAUUSD 1H Tech Analysis over the KUMO

FX:XAUUSD   Gold Spot / U.S. Dollar
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The XAUUSD             1H diagramm show that gold             plays with the 1H EMA 200 resistance for first time.
In the past two hours Gold             tries to get over the EMA 200 but the Chikou SPAN finds resistance on it (light blue circle).

The wait and see is the preferable strategy but if the Chikoun Span breaks the EMA 200 (in hourly closed base) then we will have a bull signal especialy if the Kijun Sen breaks the KUMO next (yellow eclipse).
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