- Harmonic pattern formed – Bearish Bat pattern
- Potential Reversal Zone (PRZ) - $1297.
- Gold has jumped sharply after FOMC minutes meeting. The yellow metal jumped till $1294.50 after Fed minutes showed concerns over weak inflation .The rate hike in Dec is confirmed but there are growing doubts over three more hikes in 2018. US dollar index broken major support at 93.40 (50- day MA) and dipped till 93.16 at the time of writing.
- The yellow metals has formed Bearish Bat pattern and any major bullishness can be seen only above $1297. Any break above will take the gold to next level till $1300/$1309 in the short term.
- On the lower side, near term resistance is around $1281 (233- H MA) and any violation below will drag the commodity to next level till $1274/$1267. Short term weakness can be seen only below $1262.
It is good to sell on rallies around $1289-$1291 with SL around $1297 for the TP of $1281/$1274.


FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: GBP/AUD edges lower, bearish outlook persists
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/ZAR extends decline, scope for further downside 



