Ichimoku analysis (Daily chart)
Tenken-Sen- $1777
Kijun-Sen- $1738
Gold surged more than $30 from yesterday's low of $1766 on a minor sell-off in US bond yields. The optimistic comment from Fed Chairman Powell yesterday has dragged the yellow metal down. The minor pullback in the US dollar index from a low of 90.86 is preventing further upside. The yellow metal hits a high of $1798 and is currently trading around $1789.60.
Economic data:
The US ISM manufacturing index came at 60.7 for Apr slightly lowered compared to the forecast of 65%.
Technical:
It is facing strong support at $1777, violation below targets $1760/$1748. Significant trend continuation only below $1675. On the higher side, near-term resistance is around $1802, any indicative break above that level will take till $1821/$1832.
It is good to buy on dips around $1770 with SL around $1760 for the TP of $1802.


FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro- Woodies pivot (Major) 



