Ichimoku analysis (Daily chart)
Tenken-Sen- $1864
Kijun-Sen- $1898
Gold has broken significant support at $1850 and closed below that level on an upbeat market mood. The US is expected to start its Covid vaccinations by Dec 11th. The minor jump in the US dollar index is also putting pressure on the yellow metal. Short term trend is still on the weaker side as long as resistance $1900 holds. The dollar index showed a minor jump till 92.80, major trend reversal only above 93.20. The US 10-year yield recovered slightly more than 5% after declining more than 15%.
Economic data:
US Markit PMI manufacturing came at 56.7 vs estimate 52.50. Markets eye US CB Consumer confidence data for further direction.
Technical:
The intraday resistance to be watched is $1860, any violation above targets $1881/$1900. On the lower side, near term support is around $1820 and any indicative break below that level will take till $1796/1770.
It is good to sell on rallies around $1838-40 with SL around $1860 for the TP of $1800.


Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 



