- Major support - $1266 (61.8% retracement of $1199 and $1375.30).
- Gold hits two-week low yesterday on account of the high dollar . It has declined till $1366.90 yesterday and slightly recovered from that level. It is currently trading around $1274.
- The greenback strengthened after the release of U.S ISM manufacturing index data. The index rose to 51.5 last month compared to August’s reading of 49.4.
- Market awaits US Non-Farm-Payroll data on Friday for further direction.
- Technically, any break below 61.8% retracement will drag the gold down till $1255 (200- day MA)/$1225 in the short term.
- On the higher side, resistance is around $1285 (23.6% retracement of $1375.30 and $1266.99) and any violation above targets $1292 (3- day EMA) /$1300. It should close above $1300 for further upside.
It is good to buy on dips around $1265-$1238 with SL around $1250 for the TP of $1285/$1292/$1300


FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: EUR/AUD slips after surprise U.S. employment data
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: GBP/AUD eases slightly, focus on near-term support
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary 



