XAU/USD is currently trading around $1112 level and made intraday high at $1113.68 levels.
- Weakening US dollar and another fall in oil prices boosted demand for safe-haven assets.
- The Fed is scheduled to meet later this week and the bank is expected to keep its federal funds rate unchanged.
- If pair holds and stabilise above $1112, then only more upside levels can be seen.
- On the top side, major resistance levels fall at $1117, $1122 and $1127 levels.
- Alternatively, reversal from this level brings the parity below $1107 levels and $1100 thereafter.


FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD poised for further downside after key fibo break
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major US Indices
FxWirePro- Woodies Pivot(Major)
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Major European Indices
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 



