Gold Spot / U.S. Dollar
Short

Gold continuously bearish by Ichimoku

525
Comment

Gold (XAUUSD) has been bearish by below Ichimoku confirmations.

Ichimoku Confirmation


- Kumo (Senko span A) down. Kumo itself is thick and long
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles

Next Scenario

1. Market could break the previous support at 1676.54 and continue to go down
2. Market could be bounced by the support at 1676.54 and reaches to descending trend line, and keeps going bearish

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