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    Forex: Ichimoku Clouds. Review of XAU/USD on 06.02.2015

    Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou Span line is below the price chart; current Kumo-cloud is descending. The pair has been corrected above Tenkan-sen line (1265.00), but couldn’t reach Kijun-sen, the later becomes a resistance level (1270.33). 

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