empty
 
 
31.12.2021 04:04 PM
Ichimoku cloud indicator analysis on Gold for December 31, 2021.

Gold price ends the year on a bullish note. As we explained and mentioned in previous posts using the Ichimoku cloud indicator, Gold price was in a short-term bullish trend as price was above the 4 hour cloud, but in the Daily chart things were a bit unclear. Today we have a bullish signal as price is breaking above the Daily cloud resistance.

This image is no longer relevant

Gold price is trading above the Daily Kumo (cloud). This is a bullish signal if price closes today above the cloud. Support by the tenkan-sen (red line indicator) is at $1,805 and by the kijun-sen (yellow line indicator) at $1,789. Breaking above the cloud is a bullish sign. The chikou span (black line indicator) is also above the candlestick pattern, confirming that bulls have the upper hand.

This image is no longer relevant

In the 4 hour chart, Gold price back tested the cloud support and bounced off of it. Price is now making higher highs. The tenkan-sen has crossed above the kijun-sen and the Chikou span is also making new highs above the candlestick pattern. All signs remain bullish and we continue to be optimistic for Gold first few sessions of 2022. Gold is expected to continue higher towards $1,850 if $1,830 is broken. At $1,830 we find important Fibonacci resistance.

Alexandros Yfantis,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $3000 mais!
    Em Setembro nós sorteamos $3000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback