Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: EUR/AUD downward momentum remains in place 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro- Major Crypto levels and bias summary 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact 
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro: USD/JPY edges higher but bulls lack punch 
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
Ichimoku Analysis (Weekly chart)
Tenken-Sen- $1713.37
Kijun-Sen- $1747.06
Gold has traded flat for the past week between $1806 and $1767. Market eyes US Fed monetary policy and CPI data for further direction. The yellow metal hits a high of $1810 and is currently trading around $1788.51.
The bank of Canada raised rates by 50 bpbs and said that further rate hikes will depend on the performance of the economy. Reserve bank of Australia hiked rates by 25 bpbs. US ISM series PMI came at 56.50 in Nov from 54.40, the highest level since Mar 2021.
US dollar index- Bearish. Minor resistance around 105.50/106.20. The near-term support is at 104.80.
According to the CME Fed watch tool, the probability of a 50 bpbs rate hike in Dec declined to 74.70% from 78.20% a week ago.
The US 10-year yield gained more than 5% from yesterday's low of 3.404%. The US 10 and 2-year spread widened to -78.80 basis points from -67 bpbs.
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- Bearish (Positive for gold)
Technical:
The near–term support is around $1760, a break below targets of $1740$1720/$1700. The yellow metal faces minor resistance around $1820, breach above will take it to the next level of $1860/$1900.
It is good to buy on dips around $1760 with SL around $1740 for TP of $1860.
