Price passed through the kumo and it gives us a buy signal. DMI confirms strong upward movement. We can buy higher than 1233.50 level with stop orders below the uptrend line. The 2nd entry level for opening long trades can be based on a reversal signal from the kumo, if price drops to this level. Stop orders for these long trades also must be below the uptrend line. As for profit targets for all long trades, they should be at 1254.00 and 1260.00 resistance levels.
Looks like your analysis is true. Few days until today, the gold price does go up.
SujitShah
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Good One. I missed out but great analysis!
kiritsinhkher
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Sir are you posting this chart ideas on twitter ?
It will be very helpfulll.....following your gold and usoil ideas 4 hour time frame....
Carabechu
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nice but kumo works better with jpy ichimku actually works better with jpy pairs, i can se how you thinking here but gold has it own way of moving its bearish from there look weekly you should se what i mean :)