Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $1729.59
Kijun-Sen- $1735.76
Gold gained nearly $15 from yesterday's low of $1721 on short covering. S&P500 futures jumped after US Company Novavax has started its trial in cities of Melbourne and Brisbane. But uncertainty due to US-China dollar trade tension and economic recession is supporting yellow metal at lower levels.
US Dollar Index – Slightly bearish (positive for Gold)
S&P500- Bullish (Negative for gold)
US Bond yield- slightly bearish (positive for gold)
Technicals:
The yellow metal has taken support near 100- day MA and shown a minor jump till $1740.54. On the flip side, the near term significant support is around $1718 and any breach below will drag the gold down till $1709/$1700/$1690.
The immediate resistance is around $1740, any indicative break beyond targets $17. Significant trend continuation can be seen only if it surges past $1765, a jump till $1800 likely.
It is good to buy on dips at around $1718-20 SL around $1700 for the TP at $1799.


JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 



