Gold going to reach the 2011 highs $1825 above ichimoku cloud

14. Apr. 2020

Gold is above the ichimoku cloud and is breaking through the 2011 1M closing high.

Caused by similar fundamentals in the prior recession.

15. Apr. 2020

Kommentar

Gold broke through cloud downwards. Cloud is very thin and will be no resistance short-term to break through upwards and turn bullish.

Expecting a leg up after this trading range of 1700-1720.