QuoteDislikedGold prices rose yesterday, edging further away from a 4-month low struck earlier this week, as the dollar weakened ahead of an appearance by Federal Reserve chair Janet Yellen in front of a congressional committee. Despite the negative outlook, daily charts show a short-term bottoming out above the $1208-$1205 area.
XAU/USD is trading above the Ichimoku clouds on the 1-hour and 30-minute charts. In addition to that, the Tenkan-sen (nine-period moving average, red line) and the Kijun-sen (twenty six-period moving average, green line) are positively...
H1..H4
Below===>1217===>1216====>1212
Over==>1220====1222====>
if you my trade,My-post analysis, subscribed to ME