Ichimoku Analysis (1-hours Chart)
Tenken-Sen- $1688.
Kijun-Sen- $1695
Gold is trading in a narrow range between $1670 and $1713.70 for the past 5 days. The strong US dollar index and hopes of easing lockdown in major countries are dragging safe-haven demand. US private-sector jobs data shows that the US economy has lost 20.2 million jobs in Apr, worst since 2002.
On the flip side, the near term significant support is around $1670 (trend line support) and any violation below will drag the gold down till $1650/$1631/$1600.
The immediate resistance is around $1740 (high made on Apr 14th), any indicative break beyond targets $1760/$1799.
It is good to sell on rallies around $1702-05 with SL around $1720 for the TP of $1660.


FxWirePro- Major European Indices
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro- Woodies Pivot(Major)
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro- Major European Indices
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: GBP/USD stuck in range but maintains bearish bias
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 



