EURJPY Climbs Above 185.50 on Euro Buying: Bullish Momentum Intact, Buy Dips Toward 187 
USD/CHF Eases From Intraday High as Dollar Momentum Fades 
FxWirePro: EUR/NZD dips as focus shifts to Mideast hostilities 
AUDJPY Stuck in Tight Range – Time to Sell Rallies Toward 110? 
FxWirePro: AUD/USD strengthens as Aussie gains on hawkish RBA remarks 
FxWirePro: NZD/USD extends rally as markets price in hikes 
FxWirePro:USD/JPY on 162 again, volatility not ruled out 
FxWirePro: USD/JPY eases as intervention risk and geopolitics engage in a fierce tug-of-war. 
FxWirePro: EUR/AUD trades flat but outlook is bullish 
FxWirePro: USD/CNY hits one week high, outlook bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD steadies around 1.9320,retains bid tone 
NZDJPY Surges on NZD Buying: Bullish Setup Eyes 95 as Key Support Holds 
EURUSD Weakens as US-Iran Ceasefire Collapses – Sell Rallies? 
FxWirePro- Woodies pivot (Major) 
GBP/JPY Hits Nine-Week High as Pound Strength Extends Broadly 
Though geo political conflict got worse, gold rose above $4100. The price had reached an intra-day high of $4135.89 and is now trading about $4123.73.
|
Technicals |
CMP -$4123.73 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$4100 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$4105 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$4134 |
CMP <365 EMA |
Bearish |
Near -term support -$4080. Major bearishness below $3940. Any violation below targets $4035/$4000/$3980/$3940. Near-term resistance - $4135/$5157/$4180/$4205/$4247.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
48 |
|
ADX |
Neutral |
|
It is good to buy on dips around $4120 with SL around $4080 for a TP of $4205/$4247
