Ichimoku analysis (Daily chart)
Tenken-Sen- $1812
Kijun-Sen- $1838.82
Gold has declined sharply yesterday and hits a 2 -1/2 month low. The surge in PCE to 3.9% above Fe's inflation target is putting pressure on safe-haven assets like gold. The yellow metal has lost more than $150 after the hawkish Fed policy. The US dollar index is holding slightly above 92 levels, breach above 92.50 confirms a bullish continuation. With no primary economic data in focus, markets eye US nonfarm payroll data on Friday for further upside. Gold hits an intraday low of $1759 and is currently trading around $1759.86.
Technical:
It is facing strong support at $1744, violation below targets $1711/$1675. Bearish trend continuation only if it breaks below $1675. On the higher side, near-term resistance is around $1775, any convincing surge above will take the yellow metal to $1789/$1800 is possible.
It is good to sell on rallies around $1768-70 with SL around $1785 for the TP of $1700.


FxWirePro- Major European Indices
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro- Woodies Pivot(Major)
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro-Major European Indices
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Major Crypto levels and bias summary
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major US Indices 



