Ichimoku cloud indicator analysis on Gold for September 8th, 2022.

Gold price made a bounce towards the short-term cloud resistance of $1,727. Price action is bearish. Price got rejected at the cloud resistance and is turning lower. Gold bulls remain weak in the short-term as long as price is below the Kumo (cloud). At $1,709 we find the tenkan-sen (red line indicator) and the kijun-sen […]