- Major support - $1248 (200 HMA)
- Major resistance - $1289 (May 16th high)
- The yellow metal ahs jumped till $1287 yesterday on account of Brexit and Oralando terror attack.
- It has slightly declined from the high and is currently trading at $1279.
- The minor support of Gold is around $1278 (hourly Tenkan-Sen ) and any break below will drag the pair down till $1271 (21 day MA)/$1265 (hourly Kijun-Sen).
- On the higher side any break above $1289 will take the gold to next level at $1300/$1305.Extreme bullishness can be seen above $1305 level.
- Overall trend reversal only below $1200.
It is good to buy at dips around $1275 with SL around $1265 for the TP of $1293/1300


FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro- Major Crypto levels and bias summary
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: GBP/AUD edges higher but bulls lack punch
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro- Woodies pivot (Major)
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 



