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11.09.202314:04 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on Gold for September 11th, 2023.

Exchange Rates 11.09.2023 analysis

Gold price is trading around $1,925. According to the Ichimoku cloud indicator in the 4 hour chart, trend is bearish as price remains below the 4hour Kumo (cloud). Price is already making an attempt to break inside the Kumo. With the kijun-sen (yellow line indicator) providing resistance at $1,926 and the lower cloud boundary at $1,928, resistance in the area around $1,927 is key. Price is trading above the tenkan-sen (red line indicator) but the Chikou span (black line indicator) remains below the candlestick pattern (bearish). The Ichimoku cloud indicator remains mostly bearish and if price gets rejected at $1,927, we should expect more downside. Bulls need to recapture $1,928 and push price above the cloud in order to reclaim control of the trend.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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