GOLD
GOLD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross”, but the lines are very close to each other and both are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is above the chart. Short‑term forecast: we can expect the price to move downwards inside the channel between Tenkan‑Sen and Kijun-Sen.
GOLD, Time Frame Н1 – Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud after forming “Golden Cross” (1), both lines are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is above the chart, the price is inside Kumo Cloud. Short‑term forecast: we can expect the price to continue moving downwards.
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