Ichimoku Analysis (Weekly Chart)
Kijun-Sen- $1949
Tenken-Sen-$1868
Gold was trading higher previous week on a significant sell-off in the US dollar. The upbeat market sentiment due to hopes of US fresh stimulus is putting pressure on the US dollar. The global stock market has shown a strong rebound, especially and S&P500 to retest all time 3588. The Fed minutes meeting clearly stated that there will not any interest rates hike until full employment reached. The yellow metal hits an intraday high of $1930 and is currently trading around $1929.35.
The yellow metal is facing strong resistance at $1960. Any indicative violation above will take to the next level till $1975/$200. The near term support is around $1860, any indicative break below $1848 will take the commodity till $1825/$1800.
It is good to buy on dips at around $1910-15 with SL around $1880 for the TP of $1960/$1975.


FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro- Major Pair levels and bias summary
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: AUD/USD dips below lower range, bearish bias increases
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro:EUR/NZD gains some upside momentum but still bearish
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 



