Major Support - $1400
Gold is trading higher for 3rd consecutive week and jumped more than $50 on renewed trade war tension between US and China. US economy has added 164K jobs in Jul in line with estimate and hourly earnings increased to 0.3% m/m compared to forecast of 0.2%. The yellow metal will hit high of $1459 and is currently trading around $1456.85.
US 10 year bond yield is trading extremely weak and lost more than 15% on aggressive rate cut hope. It hits low of 1.745% and is currently trading around 1.769%.
On the higher side, near term resistance are around $1460 and any break above targets $1475/$1500.
The near term support is around $1440 and any violation below will drag the yellow metal to next level till $1430/$$1423. Major weakness only below $1400.
It is good to buy on dips around $1440-42 with SL around $1430 for the TP of $1460.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



