- Gold hits one week yesterday after Fed signals only gradual increase in rates. The yellow metal broken major resistance at $1212 and jumped sharply till $1227.
- Fed hiked interest rates by 25bpbs from 0.75% to 1% .But dovish Fed plot has dragged the US dollar down against all major pairs.
- DXY has broken major support of 101 and declined till 100.41. The index is trading around 100.58 and minor weakness can be seen if the index closes below 100.60. It is currently trading around 100.59.
- U.S 10 year bond yield fell 9.4 bpbs to 2.50% point after Fed policy meeting from 2-1/2 year high of 2.61%.
- Technically, near term resistance is around $1229 (daily Kijun-Sen) and any break above will take the yellow metal till $1237 (61.8% retracement of $1263.95 and $1195)/$1247.
- On the lower side , $1220 (21- day EMA) will be acting as major support and any break below will drag the gold down till $1208/$1196.
It is good to buy on dips around $1223 with SL around $1217 for the TP of $1237/$1245


AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Woodies pivot (Major)
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 



