Ichimoku Analysis (Weekly chart)
Tenken-Sen- $1687
Kijun-Sen- $1608
Gold declined sharply previous on surge in the global market and strong US dollar. U.S stock market jumped sharply especially NASDAQ hits all-time high on strong job data. The economy has added 2.5 million jobs in May, compared to forecast -8 million. Unemployment came at 13.4% slightly better than the estimate at 14.7%.
US Dollar Index – Bullish (negative for Gold)
S&P500- Bullish (negative for gold)
US Bond yield- strong (negative for gold)
Technicals:
The yellow metal has broken significant support $1690 and hits low of $1670. Any violation below $1670 will drag the yellow metal down till $1660/$1642 (100-day MA) likely.
The immediate resistance is around $1706, any indicative break beyond targets $1721/$1726/1745. Significant trend continuation can be seen only if it surges past $1765, a jump till $1800 likely.
It is good to sell on rallies around $1698-700 SL around $1715 for the TP at $1660/$1645.


Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Woodies pivot (Major)
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/CAD slips after Fed holds rates steady
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro:EUR/NZD gains some upside momentum but still bearish
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 



