Ichimoku Analysis (Daily Chart)
Tenken-Sen- $1733
Kijun-Sen- $1717
Gold jumped sharply and hits a high of $1763 as risk appetite increased. The jump in the number of new corona cases, especially in the U.S has increased in demand for Safe-haven assets like the gold, yen. The number of people infected in U.S crossed 2.35 million. The people died due to coronavirus have decreased to 11th consecutive days to less than 1000 since its peak in Apr.
US Dollar Index – weak (positive for Gold)
S&P500- Slightly- slightly bullish (negative for gold)
US Bond yield- Weak (mildly positive for gold)
Technical:
The yellow metal is facing strong resistance at $1765 and any violation above confirms bullish continuation. A jump till $1800 likely
The immediate support is around $1740, any indicative break beneath targets $1729/$1716/$1700.
It is good to buy on dips around $1745-46 with SL around $1730 for the TP at $1800.


FxWirePro- Major Pair levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro- Woodies pivot (Major)
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/USD rises as soft US data pressures dollar
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 



