Ichimoku Analysis (4-Hour chart)
Tenken-Sen- $1817.20
Kijun-Sen- $1817.20
Gold struggles to close above $1800 despite the weak US dollar. The US dollar index declined for the third consecutive day after hitting a multi-week high at 97.44. US ISM manufacturing PMI for Jan came at 57.6 compared to a forecast of 57.40. Gold hits an intraday high of $1799.93 and is currently trading around $1798.39.
Markets eye US ADP employment change data today for further direction.
Factors to watch for gold price action-
Global stock market- Bullish (Negative for gold)
US dollar index –Bearish (positive for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1780, violation below targets $1770/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance of $1810, any violation above will take to the next level $1835/$1860/$1877$1912 is possible.
It is good to sell on rallies for $1819-20 with SL around $1835 for TP of $1790.


AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: USD/JPY upside capped as intervention risk limit upside
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro- Woodies pivot (Major)
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 



