XAUUSD 4H (03.07.2014) American Session Tech Analysis Training
As you can see today's decline stops on the top of KUMO (green line) @1314.64 and now the Gold is reacting.
MACD & RSI are bearish. The critical level is the SPAN A (green line) on the top of KUMO and Kijun Sen (blue line above the KUMO).
If the pair break the SPAN A and gets into KUMO the position is short for 1296.
If the pair breach the Kijun Sen @1320 the position is long for 1331 again.
The USDollar today is very bullish.
MACD & RSI are bearish. The critical level is the SPAN A (green line) on the top of KUMO and Kijun Sen (blue line above the KUMO).
If the pair break the SPAN A and gets into KUMO the position is short for 1296.
If the pair breach the Kijun Sen @1320 the position is long for 1331 again.
The USDollar today is very bullish.
