- XAU/USD is currently trading around $1263.
- It made intraday high at $1266 and low at $1256 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at $1248 marks.
- Alternatively, current rebound from $1226 will take the parity higher towards key resistance at $1272/$1284/$1302 marks respectively.
- According to the weekly chart, if 20D EMA crosses over 30D and 55D EMA then and only then, pair likely to touch new resistance around $1307/$1329 and $1383 levels respectively.
- On the down side, key support levels are seen at $1248, $1226 and $1207 marks.
- Later today, US will release UoM consumer sentiment data. This will provide further direction to the parity.
We prefer to take long position in XAU/USD around $1260, stop loss $1252 and target $1283 marks.


FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro -Major European Indices
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro- Woodies Pivot(Major)
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro: GBP/AUD takes back some lost ground
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD remains under pressure as key support gives way
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted 



