FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 
FxWirePro- Woodies pivot (Major) 
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs 
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet 
Gold lost nearly $200 from it all-time high on trade war concerns. It hits an low of $2956 and is currently trading around $2998.
According to the CME Fed Watch tool, the chances of a 25 bpbs rate cut on the June 18th, 2025 meeting have increased to 67.6% from 62.30% a week ago.
Technical Analysis: Key Levels and Trading Strategy
Gold prices are holding below short-term moving averages 34 EMA and 55 EMA and long-term moving averages (200 EMA) in the 4-hour chart. Immediate support is at $2970 and a break below this level will drag the yellow metal to $2956/$2920/$2900/$2880. The near-term resistance is at $3020 with potential price targets at$3050/ $3070/$3100/$3167/$3200/$3255.
It is good to sell on rallies around $3058-60 with a stop-loss at $3100 for a target price of $2835.
