FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
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Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro- Woodies pivot (Major) 
Gold has shown a massive recovery after hitting low of $1266.80 on Friday. US economy has added 263000 jobs in Apr compared to forecast of 181K and unemployment declined sharply from 3.8% to 3.6%. USD Index jumped till 98.10 but started to decline on slight weakness in average hourly earnings which came at 0.2% compared to estimate of 0.3%.It hits low of 97.41 and any break below 97.40 (20- day MA) confirms further weakness. The yellow metal hits high of $1285.73 and is currently trading around $1282.35.
On the lower side, near term support is around $1278 and any violation below will drag the yellow metal down till $1270/$1266. Any break below $1266 confirms bearish continuation.
The near term resistance is around $1286 and any break above targets $1290 (55- day EMA)/$1296/$1300.
It is good to buy on dips around $1278-79 with SL around $1273 for the TP of $1290.
