- Major resistance- $1275 (23.6% retracement of $1375 and $1241).
- Major intraday Support - $1250.
- Gold jumped slightly 1% up in the previous week closed around $1265.41.It is currently trading around $1265.71.
- The yellow metal has gained slightly in the previous week as the uncertainty surrounding the outcome of U.S election and Fed rate hike timing.US dollar index trades higher and breaks major resistance 98.60. It has closed slightly above that level.
- On the higher side, major resistance is around $1275 (23.6% retracement of $1375.15 and $1241) and any break above confirms minor trend reversal. Any violation above targets $1277/$1284.58 (21- day MA).
- The support is at $1250 and any violation below will drag the gold till $1226 (161.8% retracement of $1241 and 1264.93)/$1210.
It is good to sell on rallies around $1265-$1267 with SL around $1275 for the TP of $1250/$1241


Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: EUR/ AUD neutral in the near term, scope further downside 



