Ichimoku Analysis (Daily Chart)
Tenken-Sen- $1768
Kijun-Sen- $1729
Gold lost more than $40 after hitting a 7-year high $1789 on the positive U.S economic data. US dollar index gained strength after upbeat US jobs data. The U.S economy has added 4.8 million jobs in June compared to a forecast of 3.3 million, the unemployment rate declined to 11.1% from 12.4%. DXY declined below 98 levels and violation below 97.80 confirms further weakness.
US Dollar Index – Slightly weak (bullish for yellow metal)
S&P500- bullish (Negative for gold)
US Bond yield- Slightly positive (bearish for gold)
Technical:
The yellow metal is facing significant resistance at $1800, any violation above confirms bullish continuation. A jump till $1825/$1850 likely
The immediate support is around $1760 (23.6% fib), any indicative break beneath targets $1746 (Trend line support)/$1726 (55- day EMA).
It is good to buy on dips at around $1757-58 with SL around $1746 for the TP at $1800/$1825.


FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro- Major Pair levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117 



