Continuous down trending for GOLD.
If the price will close under the lower forecast line (line from recent lower to cloud with a 25 days distance) we can expect the price to continue to go down.
Also we need a confirmation by ichimoku with a descending cloud and conversation line.
As next relevant price area we can consider the previous low and a range between...
Bullish head and shoulders is forming, on the completion of the figure we can expect the price to point to the equilibrium zone (ichimoku cloud).
The senkou span b can be used as target, this zone coincide with an important resistence/support zone for the previous price (red rectangle).
Also notice that the price just bounced from the base line.
The right...
