Ichimoku Analysis (Daily chart)
Tenken-Sen- $1514.58
Kijun-Sen- $1502.93
Gold continues to trade higher and jumped more than $50 US-Iran geopolitical tension. The escalation of tension in the Middle East after the US killed a top Iranian Military general. President Trump threatened to hit 52 Iranian sites if Iran retaliates.
US 10- year bond yield has lost more than 9% after hitting a high of 1.95%. The spread between US 10 and 2-year has slightly narrowed to 25 bps from 35 bps.
The pair hits 6-month high at $1588 and any break above targets $1600/$1625. On the flip side, nearby significant support is around $1524 (5- day MA) and any violation underneath will drag the gold down till $1507/$1470.
It is good to buy on dips around $1550-55 with SL $1540 for the TP of $1600.


FxWirePro-24-Hour Crypto Category-Based Performance Dashboard
FxWirePro: EUR/NZD edges higher, remains on front foot
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
Hawkish Fed Fuels Gold Sell-off: Gold Dives Below $4300 Amidst Rate Hike Fears
FxWirePro: GBP/USD eases ahead of U.S.-Iran talks and Trump-Burnham meeting
FxWirePro: GBP/NZD bull’s hold the higher ground, remains on bullish path
Bitcoin Surges Past $85,000 Amidst Rising Risk Appetite
FxWirePro: USD/JPY bull’s hold the higher ground, remains on bullish path
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CNY hovers near 3-1/2-year low ,outlook strongly bearish
Gold Pares Gains Amidst Dollar Strength; Technicals Signal Sell-on-Rally Opportunity
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
EURUSD Weakens as Dollar Strength Dominates; Technicals Suggest Sell-on-Rally Opportunity
FxWirePro: USD/CAD extends advance as stronger dollar and falling oil weighs on loonie
JPY Major Currency Score: All Pairs Trading Flat with Neutral Bias
JPY Major Currency Score: All Pairs Neutral
FxWirePro- Major Crypto levels and bias summary 



