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12.09.202315:08 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on Gold for September 12th, 2023.

Exchange Rates 12.09.2023 analysis

Gold price is under pressure. In our previous analysis we noted the importance of the cloud resistance and in case of a rejection, that would be a new bearish signal. Trend remained bearish as price never broke inside the cloud. On the contrary price got rejected and broke below both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). The Chikou span (black line indicator) remains also below the candlestick pattern (bearish). Resistance remains key at $1,928 area. As long as we trade below this level, trend will remain bearish.

*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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