Ichimoku Analysis (1-hour Chart)
Kijun-Sen- $1955.70
Tenken-Sen-$1960
The gold is trading in a narrow range between $1992 and $1906 for the past two weeks. Markets eye the US fed monetary policy today for further direction. The Fed is planning to hold rates unchanged and investors look for economic projection. US dollar index is holding slightly above 93 levels, any violation above 94 will confirm bullish continuation. It hits an intraday high of $1961.50 and is currently trading around $1960.17.
On the lower side, near term support is around $1948, and any violation below targets $1940/$1921/$1900. Significant selling only below $1860. A dip till $1780/$1670 is possible.
The near term resistance is around $1970, indicative break beyond will take the commodity till $1992/$2000/$2015.
It is good to buy on dips around $1958-59 with SL around $1948 for the TP of $2015.


FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CAD extends decline on broad dollar weakness
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



