Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1900.95
Kijun-Sen- $1882.30
Gold hits fresh eight months high as Russia-Ukraine tension escalated. Russia recognized the independence of separatist regions of Donetsk and Lungask. US 10-year yield cooled off from a multi-month high of 2.06% further supporting the prices of precious metals. Gold hits a high of $1914 and is currently trading around $1907.78.
Factors to watch for gold price action-
Global stock market- Bearish (positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
The near–term support is around $1875, violation below targets $1858/$1840. Significant reversal only below $1750.The yellow metal faces strong resistance of $1920, any violation above will take to the next level $1935/$1960.
It is good to buy on dips for $1880 with SL around $1870 for TP of $1930.


FxWirePro- Major Pair levels and bias summary
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
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FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro- Major Pair levels and bias summary
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
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NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: USD/CAD bulls continue to hold the higher ground
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 



