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GOLD TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHART: DAILY AND WEEKLY
Possible target is the 61.8% extension of the marked out area on the daily chart. The daily trendline has held prices comfortably since the last quarter and the monthly tenkan sen still has the bullish cross on this pair.
WEEKLY CHART:
DAILY CHART:
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GOLD TECHNICAL PREDICTION

INDICATOR: ICHIMOKU
CHART: MONTHLY AND WEEKLY
The weekly close of the chart below close a strong bullish tone, which I don't think is slowing down any time soon until the previous high is taken. Price is strongly supported by the trend line in the weekly chart, with a bullish cross inside the cloud (strong buy). I expect price to pierce the cloud in the monthly chart, targeting the 61.8% fib extension of the market out level..
WEEKLY CHART:
MONTHLY CHART:
DAILY CHART:
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OUTLOOK ON XAUUSD

INDICATOR: ICHIMOKU
CHART: DAILY AND MONTHLY
Both charts suggest strong bullish scenarios. With the price above the Tenkan sen on the daily and monthly, bulls have a stronger hand here up till the 1330 handle.
MONTHLY CHART:
DAILY CHART:
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