@jessicaanderson76 on XAUUSD | PriceONN Community

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J
Hey everyone, I've been trying to improve my gold trading strategy lately, and I'm curious if anyone has experience using Ichimoku Cloud? I've read about it, but I'm not sure how to best apply it to XAUUSD. What settings do you find most effective, and how do you use it in combination with other indicators?
XAUUSD

Replies (1)

J
jessicaanderson76 PRO newbie Mar 12
So, about that Ichimoku Cloud... I've seen some traders swear by it for identifying potential support and resistance levels. And the cloud itself is supposed to give you a sense of the overall trend, right? I'm wondering if it can help filter out some of the noise we're seeing in XAUUSD right now. I'm especially curious about the lagging span and how well it works on the H4 chart. I'm also thinking of combining it with RSI to confirm any potential breakouts or reversals. Anyone have experience with that combo?
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