Bullion moved higher on Monday, boosted by a sliding US dollar and rising oil prices, after closing the previous year with around a 10% fall.
- Futures for gold added 1.09% to trade at $1,071.80 per troy ounce over the morning session in Europe.
- The US dollar index declined 0.53% to trade at 98.158 on Monday, making dollar-priced assets such as gold more attractive for traders holding other currencies.
- Strong resistance is seen at $1074 levels, above that $1081.
- Support is seen at $1071, $1068 levels.
- We prefer to stay short on XAUUSD at $1073.84, Stop loss at $1082 and target at $1064 levels.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD edges lower but bullish outlook persists
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major) 



