ForexKei-Official

Gold is continuously bullish by Ichimoku

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Comment:

Gold (XAUUSD) is continuously bullish as per below Ichimoku confirmations.

Ichimoku Trend Analysis (Daily timeframe):

- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles

Next Scenario:

After market broke the resistance of 1876.26 level it's continuously bullish as above Ichimoku confirmations. Lower timeframes are also showing bullishness, therefore, market is stably up trending.
The ultimate target is at 1959.582 level.

Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.