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FxWirePro- Woodies Pivot(Major) 
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FxWirePro: GBP/USD dips lower on negative UK retail sales data 
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FxWirePro- Major European Indices 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
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USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
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FxWirePro- Woodies Pivot(Major) 
- XAU/USD is currently trading around $1250 mark.
- It made intraday high at $1252 and low at $1243 levels.
- Yesterday, bullion fails to sustain above $1270 on the back of unchanged ECB monetary policy statement as well as strong jobless claims from U.S. Just within an hour after the data released, gold fell from $1270 to $1247 marks.
- Intraday bias remains bullish till the time pair holds immediate support at $1237 marks.
- A daily close above $1252 will take the parity up towards $1270 marks again.
- On the top side, key resistances are seen around $1252, $1257, $1262 and $1270 levels.
- Alternatively, a sustained break below $1242 will drag the parity down towards key support levels at $1237, $1227, $1222 and $1212 marks respectively.
We prefer to take long position in XAU/USD only above $1252, stop loss $1237 and target $1262 marks.
