Gold XAU/USD is trading at the level of 1245.83. Gold continues to bargain inside the Ichimoku Cloud, which indicates the presence of a lateral trend for Gold. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 1243.00, from where one can expect another test, the upper boundary, near the level of 1252.00.
Ichimoku XAU/USD Prediction on April 4, 2017
Earlier, a weak signal was received for the sale of Gold, due to the intersection of signal lines at the level of 1251.50. Consider selling is worth breaking through the lower boundary of the Ichimoku Cloud and closing the quotes below the level of 1240.00, in the case of breaking through the upper boundary of the Ichimoku Cloud, it is expected to continue the development of the upward trend in XAU/USD.
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