See also
Gold price is trading around $1,842. In Ichimoku cloud terms trend in the Daily chart remains bearish as price is still below the Kumo (cloud). Resistance by the lower cloud boundary is at $1,843. The tenkan-sen (red line indicator) is at $1,831 providing short-term support. Price is bouncing as a back test towards the cloud. A rejection at cloud resistance would strengthen the bearish scenario. Bulls want to see daily close inside the Kumo in order to change trend to neutral from bearish. The Chikou span (black line indicator) is still below the candlestick pattern (bearish). Bulls need to defend $1,831 and break above $1,843.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
With Tenkansen & Kinjunsen condition intersecting with Golden Cross above the Kumo dan Chikou Span as well as the price movement which is above the Kumo as well, then
On the daily chart, GBP/AUD cross currency pairs seems there is the price movement below Kumo followed by the Chikou Span and Tenkansen and Kinjun Sen (Death Cross) which
With Tenkansen and Kinjunsen condition inside the Kumo as well as Chikou Span which is in the middle of Bar Chart, gives an indication that currently AUD/JPY is moving
EURUSD is trading around 1.0950. In the 4 hour chart price is trading above the Ichimoku cloud (bullish). The Chikou span (black line indicator) is above the candlestick pattern (bullish)
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