Comment
Gold (XAUUSD) has been bearish by below Ichimoku confirmations.
Ichimoku Confirmation
- Kumo (Senko span A) down. Kumo itself is thick and long
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
1. Market could break the previous support at 1676.54 and continue to go down
2. Market could be bounced by the support at 1676.54 and reaches to descending trend line, and keeps going bearish
Gold (XAUUSD) has been bearish by below Ichimoku confirmations.
Ichimoku Confirmation
- Kumo (Senko span A) down. Kumo itself is thick and long
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario
1. Market could break the previous support at 1676.54 and continue to go down
2. Market could be bounced by the support at 1676.54 and reaches to descending trend line, and keeps going bearish
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com