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FxWirePro- Major Pair levels and bias summary 
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- Chart Pattern – Bearish Divergence (RSI and MACD).
- Gold has shown a minor profit booking after hitting high of $1365. The yellow metal has declined almost more than $20 and hits low of $1342.60. US dollar index has recovered almost 70 pips from the low of 88.44. It is currently trading around 89.15.
- US Dollar has shown a minor recovery but still weakness persist and it should break above 90.30 (10- day MA) for minor bullishness till 91.
- The near term support is at $1340 (10- day MA) and any violation below will drag the metal to next level till $1328 (20- day MA)/$1320 .Minor weakness below $1330. Any break below $1330 will drag the gold till $1324/$1313.
- On the higher side near term resistance is around $1357 and break above targets $1366/$1375
It is good to sell on rallies around $1350-52 with SL around $1357 for the TP of $1340/$1330.
