Ichimoku Cloud Analysis: GBP/USD, Gold

GBPUSD, "Great Britain Pound vs US Dollar"

GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by "Golden Cross" (1). Ichimoku Cloud is heading up (2); Chinkou Lagging Span is still above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.

GBPUSD

GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by "Golden Cross" (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short-term forecast: we can expect support from Kijun-Sen, and the price to be corrected towards the cloud's upside border.

GBPUSD

 

XAUUSD, "Gold vs US Dollar"

XAUUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by "Golden Cross" (1). Ichimoku Cloud is moving upwards (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short‑term forecast: we can expect resistance from W Kijun-Sen, support from Senkou Span B – W Tenkan-Sen, and growth of the price.

XAUUSD

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.