Ichimoku Analysis (Daily Chart)
Tenken-Sen- $1782
Kijun-Sen- $1744
Gold breaks significant psychological resistance $1800 and hits multi-year high at $1818 on safe-haven demand. The decline in the US dollar and surge in new corona cases is supporting the yellow metal. The total of coronavirus cases is 3.15 million in the USA. Globally total number cases crossed 12 million with deaths around 552112.
US Dollar Index – Weak (bullish for yellow metal)
S&P500- sideways (neutral for gold)
US Bond yield- Slightly weak (bullish for gold)
Technical:
The yellow metal's near term resistance is around $1820, any violation above confirms bullish continuation. A jump till $1845/$1860 (161.8% fib) likely
The immediate support is around $1782 (Tenken-Sen), any indicative break beneath targets $1760 (38.2% fib)/$1747.
Oscillator
RSI- 72 (Bearish divergence)
It is good to buy on dips at around $1760 with SL around $1747 for the TP at $1825/$1844.


FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro- Major Crypto levels and bias summary
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 



