Ichimoku Analysis (4-Hour chart)
Tenken-Sen- $1828.03
Kijun-Sen- $1814.08
Gold traded higher for fourth consecutive days and surged more than $25 this week on the weak US dollar. It edges lower yesterday on positive market sentiment. Any breach below 95.66 confirms bullish continuation. The minor sell-off in the US 10-year yield also supports the yellow metal at lower levels. Gold hits an intraday high of $1835.86 and is currently trading around $1834.04. Markets eye US CPI data 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 $1825, violation below targets $1810/$1800/$1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1840, any violation above will take to the next level $1853/$1860/$1877/$1912 is possible.
It is good to sell on rallies for $1834-35 with SL around $1851 for TP of $1780.


FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
JPY Action Bias: Bullish Pairs to Watch Out For
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 



