Ichimoku analysis (Hourly chart)
Tenken-Sen- $1835
Kijun-Sen- $1838
Gold is consolidating after hitting a three-month high of $1845 on broad-based US dollar selling. DXY continues to trade weak for the past five weeks and holding below trend line support of 90.40. The increase of new coronavirus cases in major countries like India and Akshaya Tritiya will increase demand for Safe-haven assets like gold. The minor pullback in US bond yields is putting pressure on yellow metal at higher levels. The US 10-year bond yield surged more than 8% from minor bottom 1.48%. The yellow metal hits a high of $1843 and is currently trading around $1834.
Technical:
It is facing strong support at $1829, violation below targets $1823/$1811/$1790/$1760. Significant trend continuation only below $1675. On the higher side, near-term resistance is around $1850, any indicative break above that level will take till $1870/$1900.
It is good to buy on dips around $1815-16 with SL around $1800 for the TP of $1870.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



