Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradeable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher probability.
Gold long term trend is strongly bullish. Many traders or investors already long for gold. Gold price is above Kumo and TS is above KS. A sign of strong uptrend. Price is almost near the channel trend line. The price still have room to go up.
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