Ichimoku Analysis (4-hour Chart)
Tenken-Sen- $1808
Kijun-Sen- $1822.90
Gold regained above $1800 on the sell-off in the US dollar. The weak Empire state index showed a minor impact on the US dollar. It slumps to -11.6 in May compared to a forecast of 15.3. It hits a high of $1829.35 and is currently trading around $1823.50.
Markets eye US retail sales for further direction.
Factors to watch for gold price action-
Global stock market- bearish (positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1785, a breach below targets $1750. Significant reversal only below $1750. A dip to $1700/$1689 is possible. The yellow metal faces strong resistance of $1836, any breach above will take to the next level $1850/$1862/$1880.
It is good to sell on rallies around $1828-30 with SL around $1860 for TP of $1750/$1700.


FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major European Indices
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



