FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
FxWirePro- Major Pair levels and bias summary 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: GBP/AUD bears maintain upper hand 
Major resistance- $1217
The major three factors that drive gold prices
US dollar Index: bullish. DXY has recovered slightly after hitting low of 95.55. The near term resistance is around 96.32 and any break above targets 97.It should break above 97 for further bullishness. (negative for gold).
USD/JPY: Trend extremely Bullish. The pair has broken major resistance 114 and jumped till 114.54 yesterday.It hits 11- month high and is currently trading around 114.10. The pair is trading well above 200- W MA at 113.20 and any weekly close confirms further bullish continuation. Minor support is around 113.25 (10- day MA) and any break below targets 112.50/112. Short term trend is slightly bullish as long as support 112 holds . Any daily close below 112 confirms minor bearishness and a dip till 111/110.38 likely. Slightly positive for gold.
US 10 year yield : US 10 year yield has shown huge jump of more than 4% yesterday and continuing its bullishness and hits multiyear high at 3.23%.It is currently trading around 3.20%. Negative for Gold.
US 2 year yield: It hits 10 year high at 2.87%.The spread between US 10 year and 2 year has increased from 22bpbs to 27bpbs.
Gold technical
Major support $1183
Major resistance - $1217
The yellow metal has lost more than $10 from the high of $1208 and it is currently trading around $1200 on account of strong US dollar and rising US 10-year yield. The trend is slightly bullish as long as resistance $1180 holds.
On the higher side, any break above $1210 will take the commodity till $1217/$1224/$1230.
The near term support is around $1180 and any violation below will drag the commodity down till $1170/$11620.
It is good to buy on dips around $1198 with SL around $1192 for the TP of $1217/$1225.
