Gold | MTF Ichimoku Watch: Long vs Countertrend Setup

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Gold | MTF Ichimoku Watch: Long vs Countertrend SetupGold FuturesCOMEX_DL:GC1!SeaChangeSignalsGold has staged a sharp recovery after testing and holding above the monthly Kijun as support, up ~9% since the August 6 close, when gold first started looking favorable again to me. From here, I'm watching for one of two outcomes: a long entry if price and the lagging span clear the weekly Kijun/cloud top and the monthly Tenkan, confirming the recovery; or a shorter-term countertrend trade if price stalls and range-bounds below that resistance cluster instead.