The yellow metal traded higher on Monday, as a wave of risk aversion due to growth worries in china and geopolitical tensions in the Middle East triggered demand for the yellow metal.
- The commodity inched higher after breaking resistance level at 1077 in the early European session, and currently is approaching to test resistance level located at 1081.
- Any downside is expected to be limited around 1075 levels as the support level located at 1074 is likely to hold the bears from falling further below and bring a rebound back towards higher levels.
- To the upside, the strong resistance can be seen 1081, a break above this level would expose the commodity towards 1085 levels.
- To the downside immediate support can be seen at 1077, a break below at this level will open the door towards 1075 levels.
Recommendation: Go long around 1079, targets around 1084/1088, SL 1072
Support levels: S1-1077, S2-1075, S3-1073
Resistance levels: R1-1081, R2-1083, R3-1085


FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path
NZDJPY Poised to Break Higher: Buy-the-Dip Strategy Above 91.40 Support
USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
CAD/JPY Bounces to 113.22 — BOC Hold Sparks Dip-Buy Setup Toward 115
FxWirePro: NZD/USD pulls back from 6-month high
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish
FxWirePro: GBP/AUD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip
FxWirePro: EUR/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary 



