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Gold Trending Down?

15 July 2010 173 views One Comment

Daily charts of Gold Charts(Dollar Denominated shows that Ichimoku Cloud resistance near 1225-1245 zone.
Outlook for the Gold looks trending downwards in medium term.

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Written by: Rajandran R

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One Comment »

  • jitin said:

    Sir ,
    The cloud shown in stock charts and the cloud shown in GCI software are showing diffetent in case of gold(daily charts) ,parameters being same (3,13,16) . In GCI software the candlesticks are in the cloud , whereas , in stockscharts , as shown by you the candle sticks are below cloud . Why, such difference ?

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