Ichimoku cloud indicator analysis on Gold for April 21, 2022.
Gold price is inside the Ichimoku cloud. Trend on a daily basis according to the Ichimoku cloud is neutral. Price is under pressure. Price is vulnerable to a move towards the lower cloud boundary towards $1,925.
Price is trading between the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). The upper cloud boundary is at $1,965. A break above this level would be a bullish signal. A break below $1,925 would be a bearish signal.