Ichimoku analysis (Hourly chart)
Tenken-Sen- $1799
Kijun-Sen- $1798
Gold is trading below the $1800 level on weak yen and surging US bond yield. The bond yield is rising as extended stimulus might increase inflation. The US dollar index continues to trade weak, violation below 89.90 confirms bearish continuation. US new home sales surged sharply and hits 3 months high. It came at a 923000 annualized pace in Jan compared to a forecast of 856000. Market eyes US Prelim GDP and durable goods orders for further direction.
Technical:
The yellow metal is facing significant support at $1790, any violation below will drag the commodity to $1760/$1750.The significant nearby resistance is $1816, any indicative break above will take the gold till $1829/$1837/$1850.
It is good to sell on rallies around $1838-40 with SL around $1860 for the TP of $1760.


FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD dips below lower range, bearish bias increases
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Woodies pivot (Major) 



