The yellow metal inched higher on Thursday as the Euro bounced back from 6 weeks low after European Central Bank signaled that further interest rate cuts in the Eurozone is unlikely.
- The commodity is set to advance further towards higher side in the coming sessions as the demand for yellow metal is set to continue.
- Any downside is expected to be limited around 1236 levels ,as the support level located at 1236 is likely to hold the bears from falling further below and bring a rebound back towards higher levels.
- To the upside, strong resistance can be seen 1272, a break above this level would expose the commodity towards 1280 levels.
- To the downside immediate support can be seen at 1255, a break below at this level will open the door towards 1240 levels.
Support levels: S1-1255, S2-1240, S3-1236
Resistance levels: R1-1268, R2-1272, R3-1280


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro:EUR/AUD eases but bullish outlook persists 



