Sunday, January 5, 2014

Gold charts Daily and 240 minute Ichimoku Cloud

As you can see on the daily chart (above) Gold is moving towards resistance at the Ichimoku Cloud, where as it is above the cloud on the 240 minute chart(below).
The Gold Bulls will be declaring a rise when the rise could be short lived as price meets resistance.

It will be a few days before we can know what is the direction.
(Click to make charts larger) Tutorial re Ichimoku Cloud here


No comments:

Post a Comment