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FxWirePro: GBP/AUD eases slightly, focus on near-term support 
FxWirePro- Woodies pivot (Major) 
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FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data 
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EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie 
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- Gold recovered slightly after hitting low of $1259. The yellow metal gained almost $10 and is currently trading around $1269.72.
- Fed is expected to raise its interest rates by 25bpbs and market awaits signals of future monetary policy tightening by U.S Federal Reserve. Investors focus new hints on the pace of hikes this year.
- In the 4 hours chart , gold’s near term support is around $1259 (Jun 2nd low) and break below will drag the commodity down till $1255 (50% retracement of $1214 and $1296)/$1249 (89 day EMA)/$1241 (200- MA).
- On the higher side, minor resistance is around $1277 (daily Tenken-Sen) will take the commodity to next level till $1296/$1310.
It is good to sell on rallies around $1270 with SL around $1277 for the TP of $1256.
