- XAU/USD is currently trading around $1220 mark.
- It made intraday high at $1222 and low at $1219 levels.
- Intraday bias remains neutral till the time pair holds keys resistance at $1222 marks.
- A daily close above $1222 is necessary to turn the bias bullish.
- On the top side, key resistances are seen around $1228, $1232 and $1247 levels.
- Alternatively, a sustained break below $1208 will drag the parity down towards key support levels at $1202, $1195 and $1190 marks.
- Later today, Yellen's remarks to the Economic Club of New York at mid-day on Tuesday represent the next key target for the gold.
We prefer to take long position in XAU/USD around $1215, stop loss $1207 and target $1222/ $1232 marks.


Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: AUD/USD slips amid wavering risk sentiment
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 



