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.


Fed Pause Fails to Lift Dollar — USD/CHF Pulls Back to 0.76822, Bears in Control
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish
FxWirePro- Major European Indices
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce
FxWirePro: EUR/AUD gains some upside momentum but still bearish
FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed
FxWirePro- Woodies Pivot(Major)
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce
FxWirePro: USD/JPY gains some ground but bearish outlook persists
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage
FxWirePro: NZD/USD pulls back from 6-month high
USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path
NZDJPY Poised to Break Higher: Buy-the-Dip Strategy Above 91.40 Support 



