The yellow metal rose on Monday, as the dollar edged lower on renewed oil market weakness and concerns over the global economic outlook which has raised doubts about further interest hike by Federal Reserve.
- Currently the commodity is trading at 1105 levels, it is set to advance future towards 1110 and later 1115 levels.
- To the upside, the strong resistance can be seen 1113, a break above this level would expose the commodity towards 1113 levels.
- To the downside stong support can be seen at 1100, a break below at this level will open the door towards 1097 levels.
Recommendation: Go long around 1103, targets around 1110/1120, SL 1097
Support levels: S1-1108 S2-1113, S3-1113
Resistance levels: R1-1100 R2-1097, R3-1093


AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro- Woodies pivot (Major)
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: NZD/USD drifts lower as markets await US inflation data
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD gives up gains as traders await UK GDP
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data 



