- Major resistance- $1250 (10 day WMA)
- Major support - $1214 (21 W MA)
- Gold has broken major support $1242 and declined till $1225 yesterday. It is currently trading around $1227.
- On the higher side resistance is around $1250 and break above targets $1260/$1267 in short term. The minor resistance is around $1243 (support turned into resistance).
- The yellow metal support is around $1225 and any indicative break below will drag the commodity down till $1214/1205.
- Overall bullish invalidation only below $1200.
It is good to sell on rallies around $1235 with SL around $1250 for the TP of $1215/$12


FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major European Indices
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 



