After todays' XAUUSD sell off now is double bottoming (15m) @ 1303 almost. There is a resistance red line that must breached by XAUUSD in order to reach KUMO (15m).
The Kijun Sen in the next two hours will reach the KUMO and both will combine a strong resistance @1309-1310.
So if it breaches the resistance line it will move towards to KUMO for 1309-1310 resistance.
MACD agree with this scenario but is very difficult to get into it.
The Kijun Sen in the next two hours will reach the KUMO and both will combine a strong resistance @1309-1310.
So if it breaches the resistance line it will move towards to KUMO for 1309-1310 resistance.
MACD agree with this scenario but is very difficult to get into it.
