In our last Gold analysis we noted that the Ichimoku cloud indicator provided a bullish signal at $1,758 and as long as price remained above the support of $1,753-48. trend in the 4 hour chart will remain bullish. Price has pulled back towards $1,752 where we find the 4 hour Kumo (cloud). Price so far respects this support.
FX.co ★ Ichimoku cloud indicator analysis on Gold for October 11, 2021.
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Ichimoku cloud indicator analysis on Gold for October 11, 2021.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade