@MiaH48 on XAUUSD | PriceONN Community
Anyone else using the Ichimoku Cloud on XAUUSD? I'm trying to get my head around it. The price is currently below the cloud on the H4, which usually signals bearishness, but the Tenkan-sen and Kijun-sen are still close. Also, what's the best way to interpret the cloud's thickness for potential support/resistance zones? It seems a bit complex, and I'm not sure if it's worth the screen real estate compared to simpler indicators.