US figures give higher chance again for first FED hike. USD is stronger, and Gold has been under pressure in last two days. I already got stopped with slight positive (rather close to zero) profit from my initial longs.
Daily:
- Neutral Ichimoku with increasing bias to switch back to bearish
- Bearish Heikin Ashi
4H:
- Bearish Ichimoku
- Bearish Heikin Ashi
- Bearish momentum is increasing.
I stay neutral now as I don't know if daily Kijun holds or not, Price, Tenkan and Kijun are all in Kumo, so picture is still strategic neutral for me. Sit and watch until I see a better probability, higher risk/reward setup.
It could be bullish only with break and close back above 1140-1145. Until then the bias is bearish again.
Daily:
- Neutral Ichimoku with increasing bias to switch back to bearish
- Bearish Heikin Ashi
4H:
- Bearish Ichimoku
- Bearish Heikin Ashi
- Bearish momentum is increasing.
I stay neutral now as I don't know if daily Kijun holds or not, Price, Tenkan and Kijun are all in Kumo, so picture is still strategic neutral for me. Sit and watch until I see a better probability, higher risk/reward setup.
It could be bullish only with break and close back above 1140-1145. Until then the bias is bearish again.