- Major resistance -$1205 (trend line joining $1387 and $1307)
- Major support - $1148 (55 W EMA)
- The commodity has broken trend line resistance $1205 and jumped till $1214. It is currently trading around $1208
- Any break above $1205 confirms major trend reversal , a jump till $1258/$1300 is possible short term.
- On the lower side major support is around $1148 and break below will drag the commodity down till $1133/$1124/$1112. The minor support is at $1169/$1154.
- Overall bullish invalidation only below $1100.
It is good to buy around $1205 with SL around $1168 for the TP of $1258/$1300


FxWirePro -Major European Indices
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major European Indices
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
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Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: GBP/AUD takes back some lost ground 



