FX.co ★ Ichimoku cloud analysis on Gold for March 21, 2022.

Gold price is trading above $1,900. In Ichimoku cloud terms in the Daily chart price remains in a bullish trend as it continues to stay above the Kumo (cloud).

However with Gold price below the kijun-sen (yellow line indicator), price is vulnerable to a deeper pull back towards the cloud support. The Kumo (cloud) is found at $1,830-$1,850 area. The kijun-sen is important Daily resistance at $1,957. As long as price is below the kijun-sen, Gold will be vulnerable to more downside.