Daily Market Analysis

Recommendations: SELL $1268 SL $1280 TP1 $1237 TP2 $1212 BUY $1287 SL $1275 TP $1310 TP2 $1321 On the daily chart, XAU/USD formed a triangle…

Bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by Senkou Span B and may return to upper border of a Cloud.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; an irregular golden cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices returned into the negative area and may continue falling down.

Recommendation: BUY 0…

Recommendation: BUY 0…

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and staying inside a Cloud.

Bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices returned to bottom border of the Cloud and may enter into cloudy area.

Recommendation: BUY 114…

Recommendation: BUY 132…

Expanding bearish Ichimoku Cloud, falling Senkou Span A; an irregular golden cross of Tenkan-sen and Kijun-sen; the market returned to Tenkan-sen in a local correction movement.

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fixed inside a channel of Tenkan-Kijun and may go to the bottom border of a Cloud.

Recommendation: SELL 1…