Ichimoku Cloud Analysis 13.12.2013 (GBP/USD, GOLD)
13.12.2013
Analysis for December 13th, 2013
GBP/USD
GBPUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is closed (2), Chinkou Lagging Span is on the chart, and price is inside Kumo Cloud. Short‑term forecast: we can expect price to fall down to reach Senkou Span B and then attempts to stay below Kumo. 
GBPUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen are below Kumo Cloud and influenced by “Dead Cross” (1). Ichimoku Cloud is going down (2); Chinkou Lagging Span is below the chart, and price is below the lines. Short‑term forecast: we can expect price to move towards H4 Senkou Span B.
GOLD
XAUUSD, Time Frame H4 – Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed downwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart. Short‑term forecast: we can expect descending movement to continue and consolidation of price.
XAUUSD, Time Frame H1 – Indicator signals: Tenkan-Sen and Kijun-Sen influenced by “Dead Cross” (1); all lines are directed downwards. Ichimoku Cloud is going down (2). Short‑term forecast: we can expect resistance from Tenkan-Sen and attempts to move downwards.
RoboForex Analytical Department
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.