empty
 
 
20.05.2021 04:18 PM
Ichimoku cloud indicator analysis of Gold for May 20, 2021

Gold price continues to trade in a bullish trend. Price continues making higher highs and higher lows. As we explained in our last analysis Gold price might be making a blow off top as the RSI did not confirm the new higher high in price. Today we use the Ichimoku cloud indicator in order to identify as soon as possible any reversal signal.

This image is no longer relevant

Gold price is clearly above the cloud and above both the tenkan-sen (Red line) and the kijun-sen (yellow line) indicators. Support by the tenkan-sen is at $1,848 and by the kijun-sen at $1,811. As long as Gold price is above the tenkan-sen ($1,848) we remain short-term bullish. Breaking below it will be the first sign of weakness. Usually when price breaks below the tenkan-sen it continues lower towards the kijun-sen. If the kijun-sen is broken we see price test the Kumo (cloud). Price so far has provided no reversal sign so there is no confirmation of a top yet.
Ringkasan
Urgensi
Analitik
Alexandros Yfantis
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback