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09.11.202315:02 विदेशी मुद्रा विश्लेषण और समीक्षा: Ichimoku cloud indicator analysis on Gold for November 9th, 2023.

Exchange Rates 09.11.2023 analysis

In the 4 hour chart Gold is in a bearish trend according to the Ichimoku cloud indicator. Gold price remains well below the 4hour Kumo (cloud) and below both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). Gold price is making lower lows and lower highs in the 4 hour chart. The Chikou span (black line indicator) is below the candlestick pattern (bearish). The tenkan-sen is below the kijun-sen and both are negatively sloped. Resistance by the tenkan-sen is at $1,956 and by the kijun-sen at $1,973. The cloud resistance is at $1,980-85. As long as gold trades below the cloud, price will remain vulnerable to the downside.

*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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