- Major Intraday Resistance- $1260 (trend line joining $1277 and $1265).
- Major support - $1249.60 (Oct 6th low).
- The yellow metal formed a temporary bottom around $1250 and is struggling to break below that level. It is currently trading around $1256.15.
- On the higher side, minor trend line resistance at $1260 will be acting as near-term resistance and any break above targets $1265/$1278 (55- 4 H EMA) in the short term.
- The support is around $1249.60 and any break below will drag the commodity down till $1241/$1225 (161.8% retracement of $1241 and $1264.95).
It is good to buy above $1260 with SL around $1250 for the TP of $1278


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



