Ichimoku analysis (4-hour chart)
Tenken-Sen- $1768.08
Kijun-Sen- $1772.40
Gold is trading weak after Fed monetary policy. The central bank has kept its rate unchanged and doubled the size of tapering from $15 billion per month to $30 billion per month. Almost two-thirds of Fed members have projected two to three rate hikes in 2022. The yellow metal declined to $1753 and is currently trading around $1781.56. US dollar index holds above 96.50 levels, any breach above 97 confirms bullish continuation.
Factors to watch for gold price action-
Global stock market- Bullish (Negative for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- bearish (positive for gold)
Technical:
It faces strong support at $1750, violation below targets $1740/$1700.Significant trend continuation only below $1675. The yellow metal facing strong resistance $1792, any violation above will take to the next level $1800/$1815/$1835/$1860/$1900 is possible.
It is good to buy on dips around $1762-63 with SL around $1750 for TP of $1815.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/ZAR edges higher but bearish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices 



