- Gold has shown a good selling of almost $18 from the high of $1356.76 made yesterday. The major reason for decline in yellow metal was due to minor dip in safe haven demand as US – China trade war started to ease. The yellow metal hits low of $1339.75 and is currently trading around $1340.72.
- US dollar index shown a minor recovery after hitting low 88.94. The index jumped till 89.63 and is trading around 89.44.
- The yellow metal is facing major resistance at $1362 and any minor bullishness only above that level. Any break above $1366 confirms bullish continuation. The minor resistance $1348/$1355.
- On the lower side, near term support is around $1338 and any break below will drag the yellow metal down till $1334/$1329.
It is good to sell on rallies around $1342-43 with SL around $1348 for the TP of $1331.


FxWirePro: USD/JPY edges higher as dollar recovers some lost ground
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction
FxWirePro: EUR/ NZD gains some upside momentum but still bearish
FxWirePro: USD/JPY edges higher as yen weakens on BOJ policy uncertainty
Yen Volatility: NZDJPY Navigates Geopolitical Headwinds Amidst a "Buy on Dips" Setup
FxWirePro: GBP/USD recovers from early dip but upside is limited
FxWirePro: USD/ZAR trades in narrow range as Middle East tensions fester
FxWirePro: USD/CNY edges lower, set to stay on back foot
FxWirePro: AUD/USD softens as Iran rejects US peace talks
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks
FxWirePro: GBP/USD remains buoyant, looks to extend gains
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Euro Under Pressure: EURUSD Retreats Amid Escalating Middle East Tensions
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty
FxWirePro: GBP/NZD regains upwards momentum but unable to hold above
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800 



