BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
FxWirePro- Major Pair levels and bias summary 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro: USD/JPY remains in familiar place on intervention threat 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
Ichimoku Analysis (Weekly Chart)
Tenken-Sen- $1780.06
Kijun-Sen- $1875
The gold price pared some of its gains after upbeat US jobs data. US economy has added 528000 jobs in July, much better than the economist forecast of 258000. The unemployment rate came at 3.5% vs. an estimate of 3.6%. The pullback in the US dollar index due to geo-political tension between China and Taiwan also puts pressure on the yellow metal. According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep rose to 69.50% from 28% a week ago.
The number of people who have filed for unemployment benefits rose by 6000 to 260000 for the week ended July 30 vs. 262000.
Factors to watch for gold price action
Global stock market- Mixed (neutral for gold)
US dollar index – Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical
The near–term support is around $1760, a breach below targets $1750/$1738/$1720.Significant reversal only below $1650. The yellow metal faces minor resistance around $1800, breach above will take it to the next level of $1820/$1840.
It is good to buy on dips for around $1750 with SL around $1735 for TP of $1800/$1820.
