- Gold has declined after making a high of $1081.70 and is currently trading around $1062. Short trend is still weak as long as resistance $1100 holds.
- The commodity has broken minor support $1060 and this confirms minor trend reversal, a decline till $1045 is possible.
- The major support is around $1040 level and break below targets $1026/$1000
- On the higher side major resistance is around $1100 will take the commodity till $1120/$ bearish invalidation only above $1150 level. The minor resistance is around $1085.
It is good to sell on rallies around $1075-80 with SL around $1100 for the TP of $1045/$1026


FxWirePro- Major European Indices
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro- Woodies pivot (Major)
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro:GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely




