I have a request from someone for gold . Let's take a look.
Monthly: Price is in cloud and Tenkan is flat while Kijun is pointing higher. Chikou is above price and is crossed up. It is neutral with bias.
Weekly: Price is above cloud and Kijun and is neutral.Chikou is in price.
Daily: Price is in cloud and below Kijun. Chikou is in price and is below zero.Tenkan and Kijun are flat. We can see a move to 1300.
For possibility, weekly Kijun must hold. If it breaks, then we will have to reassess.
Keep an eye on USDJPY . If USDJPY reverses, gold tanks and squeeze all longs.