Gold has shown a massive jump of $25 after Fed Chairman testimony. Fed Chairman has reaffirmed that it would act as "appropriate to sustain expansion"According to CME, Fed fund futures there is a 100% probability of rate cut in Jul meeting. US 10 year bond yield has lost more than 3.5% and spread between US 10 year and 2 year has widened from 14 basis point to 22 basis points. It hits a high of $1427 and is currently trading around $1421.
On the flip side, near term support is around $1417 and any break below will drag the yellow metal to the next level till $1410/$1406/$ 1390. Major weakness only below $1380.
The near term minor resistance is around $1428 and any break above will take the yellow metal to $1440. Any major bullish continuation only above $1440. Any break above targets $1465.
It is good to buy on dips around $1410 with SL around $1400 for the TP of $1440.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 



