- XAU/USD is currently trading around $1245.
- It made intraday high at $1246 and low at $1242 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at $1240 marks.
- A sustained close above $1240 will take the parity up towards key resistance levels at $1248/$1252/$1268 marks respectively.
- On the other side, a daily close below $1240 will turn the bias bearish and drag the pair towards key supports around $1232/$1227/$1218 marks.
- Later today, US will release HPI and flash manufacturing data. This will provide further direction to the parity.
We prefer to take long position in XAU/USD around $1243, stop loss $1237 and target $1252/$1268 levels.


GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



