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: USD/JPY edges higher as the yen remains vulnerable despite repeated warnings of intervention.
FxWirePro: USD/CNY hits one –month high, scope for further upside
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3350level
FxWirePro: GBP/USD heads deeper into bear territory, 23.6% fibonacci eyed
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210
AUDJPY Breaks Key Trendline Support — Bears Eye 110 as Momentum Accelerates
FxWirePro: AUD/USD eases after Australian mixed CPI data
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210
BTC Slips Below $60K as Institutional Demand Dries Up — Bears Eye $59K Support, Rallies to $63K for Shorts
FxWirePro: GBP/AUD sustains gains as uptrend remains strong
EURJPY Bounce Loses Steam Below 184 — Sell-the-Rally Setup Eyes 183 Target
Sterling Slump Sends GBPJPY Toward 212.60 — Bearish EMA Stack Eyes 210
FxWirePro: GBP/AUD steadies around 0.9145 ,retains bid tone
NZDJPY: The Kiwi Yen's Bull Run Hits a Brick Wall at 92 — Sell the Rally? 



