- Gold is trading flat after hitting high of $1329.91 yesterday. The yellow metal decliend slightly till $1321.35 and is currently trading at $1325.46. DXY is consolidating after hitting low of 89.56 and is trading at 89.69.
- US retail sales fell for the third straight month and it has declined 0.1% for the month of Feb compared to forecast of 0.03% gain. US trade wars expected to increase the demand for safe haven assets like gold.
- The yellow metal has taken support near trend line support at $1313 on Tuesday and shown a $15 jump. Any decline below $1309 will confirm minor decline and a dip till $1305/$1300 likely. Any violation below $1299 will drag the gold till $1288 (200- day MA). The minor support is around $1320/$1316.
- The near term resistance is around $1330.50 (50- day MA) and any break above will take the yellow metal till ay $1341/$1348/$1355. Overall bullish continuation only above $1366.
It is good to buy on dips $1320-21 with SL around $1315 for the TP of $1336/$1340.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



